NORTH ATLANTA STRIP CENTER • The subject property is a 23,784 SF unanchored retail offering located in a dense & affluent suburb of north Atlanta • Property is 94% leased and includes a unique mix of restaurants, service tenants, gym tenants, and includes national brands • Stable tenant history | Avg. Tenant Tenure 10 Year • Leasing Momentum | 3 new leases & 4 renewals since 2020 • Rare annual increases f rom a majority of tenants
PREMIER CORRIDOR OF ATLANTA • Property is positioned at the high traffic corridor of Old Milton Parkway (41,800 VPD), just off Georgia 400 (123,000 VPD) the major interstate connecting Alpharetta to Atlanta • Old Milton Parkway is a major r etail epicenter of North Atlanta with over 3M SF of retail • The asset is located just two miles f rom the Avalon, an 86-acre recent development in the heart of Alpharetta that features 500,000 square feet of retail, a 12-screen all premium theater, conference center and full-service hotel, Class A off ice, single-family residences and luxury rental homes • Avalon infuses resort-level hospitality throughout a walkable, seamlessly connected community of shopping, dining, entertainment, living and working. • In addition to the Avalon, the Old Milton Parkway Corridor is the major retail hub connecting two of Atlanta’s most affluent suburbs, Alpharetta & John’s Creek
ALPHARETTA, GA • The property is in Alpharetta, GA, a vibrant Southern city with an exceptional quality of life. It is widely k nown as one of Atlanta’s most affluent and desired suburbs • Alpharetta has been an epic enter of redevelopment and features many “destination entertainment” spots such as Downtown Alpharetta with over 50 shops, restaurants, and hotels • Trademark Property Co. is planning to redevelop the 44-acre North Point Mall site (located 3 miles f rom property) into a mixed-use development that will feature 36 townhomes, 650 multifamily residential units, a 150-room hotel, 330,000 SF of off ice space, 30,00 SF of medical space, 211,300 SF of Retail, & 86,15 SF of restaurants.