10645 State Bridge Rd Alpharetta, GA 30022

This exceptional investment opportunity presents a 3,425-square-foot Shell gas station located at 10645 State Bridge Rd, Alpharetta, GA 30022. The property sits on a 1.28-acre lot in a high-traffic area, boasting excellent visibility at a hard corner intersection with 33,664 cars passing daily. The property features a strong absolute triple-net (NNN) lease with Shell Oil Company, a globally recognized brand, ensuring consistent cash flow. The lease commenced December 1, 2023, and extends until November 30, 2038, providing a secure long-term investment. The current annual net operating income (NOI) is $138,000, representing a 5.50% cap rate. Built in 2003, this property benefits from built-in rent bumps of 10% every five years, guaranteeing future income growth. The property is currently 100% occupied. Located in Alpharetta, Fulton County, this asset is within a 5-mile radius of 207,090 residents. This investment qualifies for significant tax advantages, including 60% year-one bonus depreciation or 15-year accelerated depreciation per IRS 1250 property designation. This is a rare opportunity to acquire a high-performing, low-maintenance asset with a strong tenant and significant upside potential. The asking price is $2,509,000.