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Alpharetta Office - Two (2) X 4,000 ... for sale in Alpharetta, GA buy in US, Free Classifieds Ads

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Alpharetta Office - Two (2) X 4,000 SF income producing office buildings - combined sale - Old Milton Parkway and Southbridge Parkway
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Location: Alpharetta, GA
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Please call 770-241-5658

Description:
Two separate buildings offered as a portfolio sale.

Portfolio Sale Price: $1,500,000.00

Building #1:
11381 Southbridge Parkway,
Alpharetta, GA 30022
Size: 4,000 +/- SF
Occupancy: 100%
No. Stories: 1
Building Class: A
Tenancy: Single
Year Built: 1999
Income:
- Gross Income: $50,923.20 ± per year
- Annual Rent Escalation: 3% annual
Expense:
- Fulton Count Tax: $4,688.32 ± per year
- City of Alpharetta Tax: $920.00 ± per year
- Office Park Association Fees: $7,800 ± per year ($650 ± per month)
Annual Estimated Expense:$13,408.32
Net Income:
$37,514.88 ±
- Tenant Since 2011
- Current lease is good through Oct. 31, 2018

Building #2:
11371 Southbridge Parkway
Alpharetta, GA 30022
Size: 4,100 SF
Property Type: Office
Occupancy: 100%
No. Stories: 1
Building Class: A
Tenancy: Single
Year Built: 1999
Income:
- Gross Income: $46,200 ± per year
- Annual Rent Escalation: 5.2% annual - 2016
- Annual Rent Escalation: 7.4% annual - 2017
Expense:
- Fulton County Tax: $5,349 ± per year
- City of Alpharetta Tax: $1,049.61 ± per year
- Office Park Association Fees: $7,800 ± per year ($650 ± per month)
Annual Estimated Expense: $14,198.61
Net Income:
$32,001.39 ±
- Tenant Since 2012
- Current lease is good through 10/31/18

LOCATION HIGHLIGHTS:
- Easy Access to Old Milton Parkway
- Signalized entrance/exit to the office property
- Approximately 2.3 ± miles east of GA 400 near
GSU Alpharetta Campus, NCR Corporation,
Agilent Technologies and a host of other Fortune
1000 companies
- Near Publix, Starbucks, FedEx Office, and close
to numerous shops and entertainment

Please call 770-241-5658


All information has been obtained from sources believed reliable and is subject to change without notice. No warranty or representation, expressed or implied, is made as to the accuracy of information contained herein. It is the responsibility of each prospective tenant and/or buyer, or any interested party to independently confirm its accuracy and completeness of any information.

Please call 770-241-5658
Ben Choi
Coldwell Banker Commercial Metro Brokers
#6783204800


Information
Pricing
Price: $1,500,000.00
Property Location
11381 & 11371 Southbridge Parkway
Alpharetta, GA 30022
View Map
Features
Square Footage: 8,100 SF
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  • Price: $1,500,000
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