Property summary
This exceptional investment opportunity presents a fully operational 11,200-square-foot daycare and storefront facility in Alpharetta, Georgia. Built in 2000 and extensively renovated in 2021, the property boasts a strong 6.95% cap rate and a net operating income (NOI) of $350,000, with an asking price of $5,036,000. Situated on a 2.27-acre lot at 11855 Jones Bridge Road, this property enjoys exceptional visibility and accessibility, benefiting from two separate points of entry at a signalized intersection and convenient access from Sargent Road. The location is strategically chosen within a 3-mile radius encompassing over 81,000 residents with an average household income exceeding $189,000, a demographic projected to grow by 2.52% by 2027. The property benefits from its proximity to major retailers including Kroger, Publix, and numerous national brands within a 5-minute drive. Furthermore, its location near Emory Johns Creek Hospital, a top-ranked hospital in Georgia, adds to its appeal. The property is positioned in a high-traffic area, with Jones Bridge Road seeing 10,804 vehicles per day and Abbotts Bridge Road seeing 15,300 vehicles per day, and is across from the Kroger-anchored Windward Village Shopping Center. This prime location, coupled with the strong financial performance and recent renovations, makes this a compelling investment opportunity in a thriving Alpharetta submarket. The lease type is NN+.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C1 · Johns Creek, GAZoning
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Zoning designation
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- Property Ownership
- Basic report summary
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- Value Estimation
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- Location Intelligence
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- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning