11705 Jones Brg Rd Johns Creek, GA 30005-5078
- Retail space
- 27,416 SF
- 5.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 11705 Jones Brg Rd
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 5.05 lot acres
- Property size
- 27,416 SF
- Zone code
- C1
- Property type
- Retail space
- APN
- 11 055101980317
- APU
- 11055101980317
Description
This exceptional 1,200 square foot retail space is located at 11705 JONES BRIDGE Road Unit A203 in Johns Creek, Georgia (zip code 30005). The property is part of the Addison Place Shoppes, a vibrant retail center situated at the prominent northeast corner of Jones Bridge and Abbotts Bridge Roads. This single-tenant space benefits from excellent visibility and accessibility, with curb cuts, median breaks, and signalized access on both major thoroughfares, as well as convenient access via a new loop road. The center is strategically located adjacent to a substantial 403-unit luxury apartment complex, ensuring a consistent flow of potential customers. The property sits on a 5-acre lot and is part of a three-building complex with a total of nine parking spaces. The zoning is classified as C. The property's APN is 11 055101980317. This location boasts impressive demographics, with average incomes exceeding $109,000 within a 5-mile radius and a population exceeding 123,000. The space is available immediately and a sublease option for 18 months with three 3-year renewal options is available, subject to landlord approval of the subtenant. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Johns Creek location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $5,865,000
- 6.5%
- $5,415,000
- 7%
- $5,025,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $3,093,000
Market price range: $916k - $5.24M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $6,285,000 Current use
- COMMERCIAL (GENERAL)
- $6,690,000 Change: +6% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $5,170,000 Change: -18% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Johns Creek
- County
- Fulton
- State
- Georgia
- Longitude
- -84.2107
- Latitude
- 34.0653
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA