Property profile

12070 Crabapple Rd Roswell, GA 30075

OFF-MARKET
Retail space
Property ID
US22-1086336
11,118 SF 1.19 ac lot Built 1997
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a freestanding CVS Pharmacy situated on a 2.1-acre lot in Roswell, Georgia, a thriving suburb of Atlanta within Fulton County. The property boasts a strong financial profile, featuring a 6.50% cap rate and a substantial net operating income (NOI) of $282,608. The property is currently 100% occupied by a credit-rated CVS Pharmacy under a triple-net (NNN) lease with a corporate guarantee, ensuring consistent cash flow. The lease, originally commenced on February 1, 1998, has a remaining term of approximately 3.2 years, expiring January 31, 2028. However, the tenant has a history of exercising lease options, demonstrating a long-term commitment to the location. The property benefits from a prime location on a hard corner with high traffic counts (27,900 vehicles per day), surrounded by complementary retailers such as Publix, Kroger, and other national brands. The affluent area boasts average household incomes exceeding $230,000 within a 3-mile radius, supporting strong sales for the CVS Pharmacy, which are nearing $10 million annually. Recent improvements include a new roof with a remaining warranty and recently renovated restrooms and lift station, all paid for by the tenant. The property's size offers potential for future redevelopment. This is a rare opportunity to acquire a high-performing, investment-grade retail asset in a rapidly growing market. The building was constructed in 1997.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1997
Total area 11,118 SF
Lot 1.19 ac (52,011 SF)
Zoning code C1
APN 22 373012831884
UPID US22-1086336

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Pharmacy
  • Courier Service Postal Service
  • Bank Credit Union
  • Pharmacy

Location

12070 Crabapple Rd Roswell, GA 30075-2422
Roswell metro Census 11417 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.20M
Comparable Approach Comparable
$1.50M
Blend (final) Blend
$555k

Owner & transaction history

since 2007
5 recorded transactions
2025
Price N/A
2007
$1.4M
2007
$2.9M
2004
$4,900
1969
Price N/A

Zoning & alternative use

C1 · Roswell, GA

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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