11705 Jones Bridge RdJohns Creek, GA 30005

  • Retail properties
  • 27,416 SF
For Lease
$19.50/SF/YR View listing

Property Details for 11705 Jones Bridge Rd

Year built
2004
Construction
WOOD
Lot size
5.05 AC
Property size (Sq ft)
27,416 SF
Zone code
C1
Property type
Retail properties
Property subtype
Retail space
APN
11 055101980317
APU
11055101980317

Description

This exceptional 1,200 square foot retail space is located at 11705 JONES BRIDGE Road Unit A203 in Johns Creek, Georgia (zip code 30005). The property is part of the Addison Place Shoppes, a vibrant retail center situated at the prominent northeast corner of Jones Bridge and Abbotts Bridge Roads. This single-tenant space benefits from excellent visibility and accessibility, with curb cuts, median breaks, and signalized access on both major thoroughfares, as well as convenient access via a new loop road. The center is strategically located adjacent to a substantial 403-unit luxury apartment complex, ensuring a consistent flow of potential customers. The property sits on a 5-acre lot and is part of a three-building complex with a total of nine parking spaces. The zoning is classified as C. The property's APN is 11 055101980317. This location boasts impressive demographics, with average incomes exceeding $109,000 within a 5-mile radius and a population exceeding 123,000. The space is available immediately and a sublease option for 18 months with three 3-year renewal options is available, subject to landlord approval of the subtenant. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a thriving Johns Creek location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $7,072,724
    6.5%
    $6,528,668
    7%
    $6,062,334
  • Comparable approach

    Method
    Valuation
    Relative Method
    $13,476,368
    Geo Method
    $13,476,368
  • Alternative Use

    Use
    Valuation
    Residential
    $5,507,176
    Hospitality
    $5,044,543
    Educational
    $4,197,000
    Medical
    $4,341,342
    Retail
    $6,528,668
11705 Jones Bridge Rd, Johns Creek, Georgia

Location Insight

City
Johns Creek
County
Fulton
State
Georgia
Latitude
34.0653
Longitude
-84.2107
CBSA code
12060
CBSA name
ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$67,742
$909,560
$1,490,440
$2,400,000
-
$2,273,900
$3,726,100
$6,000,000

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