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Property profile & analytics
OFF-MARKET Estimated value $1,945,000
Retail space

865 Main St Alpharetta, GA 30009-8371

13,932 SF 2.6 ac lot Built 2001
Entity Owned 2-yr Hold Free & Clear
Property ID
US22-1385785
Property summary
AI-generated overview

Windward Promenade offers a prime retail leasing opportunity in the heart of Alpharetta's thriving commercial district. This 48,185 square foot, three-building specialty center provides an upscale shopping and dining experience, boasting over 20 established shops and restaurants. The property enjoys a highly visible location with convenient access to Georgia Highway 9 (Alpharetta Highway/Main St.) via Windward Parkway. This ensures exceptional visibility and accessibility for your business. The center benefits from excellent co-tenancy with major national retailers such as Home Depot, Kroger, Walmart, Costco, and Lowe's, creating a strong draw for customers. Currently, one remaining retail space is available for lease. This 1,400 square foot space is located on the second floor, offering a unique opportunity for a business seeking a prominent location within this established and successful shopping center. The space is ideal for a variety of retail uses and presents a chance to become part of a vibrant and successful retail community in a high-traffic area of Alpharetta/North Fulton. The property's upscale environment and strong tenant mix create a compelling opportunity for a discerning business seeking a high-profile location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2001
Total area 13,932 SF
Lot 2.6 ac (113,256 SF)
Zoning code C1
APN 22 512011120415
UPID US22-1385785
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • La Parrilla Mexican Restaurant Restaurant
  • Windward Promenade Shopping Center & Mall
  • Gino & Jackson Barber Shop
  • Revolving Sushi Factory Restaurant
  • Amanda's Nail Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.95M
Owner & transaction history
Windward Promenade LLC · 2 yrs held
Windward Promenade LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
C1 · Alpharetta, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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