5735 Stables Way, Alpharetta, GA 30004

This exceptional investment opportunity presents a 1,240 square foot warehouse condo in Alpharetta, Georgia (Unit D03, 5735 Stables Way, 30004), currently listed at $558,620. The property boasts a strong 8.50% cap rate, generating a net operating income (NOI) of $46,406. This net lease property features a single tenant with a 3-year lease term. The warehouse offers 1,643 square feet of net rentable space, with a price per square foot of $380. The unit is part of a secure, gated facility designed for car enthusiasts, offering 24/7 access, wide paved aisles, and 14x14 overhead doors with operators. Construction features include insulated masonry, energy-efficient LED lighting, and a ceiling height ranging from 21' 2.25" to 22' 9.25". All units are designed and approved for mezzanines (additional cost). The estimated monthly assessment is $375.80, with a one-time HOA initiation and administrative fee of $1,550. This property represents a lucrative investment with high potential for return and strong tenant occupancy. The location in Forsyth County, Alpharetta, provides easy access to major transportation routes.