11450 Fulton Industrial Blvd Alpharetta, GA 30009-4766

This ±12,288 square foot distribution center in Alpharetta, Georgia, presents a compelling investment opportunity. Located at 11450 N Fulton Industrial Blvd, 30009, this 1988-built facility offers a sale-leaseback arrangement where the seller will lease back approximately 3,000 square feet post-closing. The remaining space is available for immediate occupancy or leasing, generating additional income streams. The building boasts high-quality construction, including metal construction, 7 grade-level loading doors, and 18-foot clear heights, along with ample parking. Priced at $2,000,000 ($163/sq ft), this property is significantly below current replacement costs, estimated near $200/sq ft in this market. The strong submarket fundamentals, characterized by historically low vacancy rates and rising rental rates, further enhance its investment appeal. The surrounding area demonstrates robust demographics, with a population exceeding 171,578 within a 5-mile radius, boasting an average household income of $142,720 and over $3 billion in consumer spending. The property's strong NOI of $176,077 translates to an attractive 8.80% cap rate. This combination of factors makes this Alpharetta distribution center an exceptional investment opportunity for owner-users and investors alike.