Property profile

2438 Fisherman Rd Altamont, MO 64620

OFF-MARKET
Specialty properties
0.46 ac lot
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Property summary

AI-generated overview

This exceptional 1,200 square foot retail space is located within the Addison Place Shoppes, a thriving retail center in Johns Creek, Georgia. Situated on a prominent 5-acre lot at the northeast corner of Jones Bridge and Abbotts Bridge Roads, this single-tenant property offers unparalleled visibility and accessibility. The center boasts convenient curb cuts, median breaks, and signalized access from both major roadways, as well as a new loop road providing alternative access between them. This strategic location benefits from its adjacency to a substantial 403-unit luxury apartment complex, ensuring a consistent flow of potential customers. The property includes three buildings and nine total parking spaces, providing ample convenience for shoppers and employees. The zoning is classified as "C," and the APN is 11 055101980317. The strong demographics of the surrounding area are noteworthy, with average incomes exceeding $109,000 within a 5-mile radius and a population exceeding 123,000. This space is available immediately and offers a sublease option for 18 months with three 3-year renewal options, subject to landlord approval of the subtenant. This presents a unique opportunity for a business seeking high visibility and a strong customer base in a rapidly growing area.

Property profile

Verified
Property type Specialty properties
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2438 Fisherman Rd Altamont, MO 64620
Altamont metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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