11855 Jones Bridge RdAlpharetta, GA 30005

Property Details for 11855 Jones Bridge Rd

Year built

2000

Lot size

2.27 AC

Property size (Sq ft)

11,421 SF

Zone code

C1

Property type

Day care centers & nurseries

APN

11 064002330960

APU

11064002330960

Description

This exceptional investment opportunity presents a fully operational 11,200-square-foot daycare and storefront facility in Alpharetta, Georgia. Built in 2000 and extensively renovated in 2021, the property boasts a strong 6.95% cap rate and a net operating income (NOI) of $350,000, with an asking price of $5,036,000. Situated on a 2.27-acre lot at 11855 Jones Bridge Road, this property enjoys exceptional visibility and accessibility, benefiting from two separate points of entry at a signalized intersection and convenient access from Sargent Road. The location is strategically chosen within a 3-mile radius encompassing over 81,000 residents with an average household income exceeding $189,000, a demographic projected to grow by 2.52% by 2027. The property benefits from its proximity to major retailers including Kroger, Publix, and numerous national brands within a 5-minute drive. Furthermore, its location near Emory Johns Creek Hospital, a top-ranked hospital in Georgia, adds to its appeal. The property is positioned in a high-traffic area, with Jones Bridge Road seeing 10,804 vehicles per day and Abbotts Bridge Road seeing 15,300 vehicles per day, and is across from the Kroger-anchored Windward Village Shopping Center. This prime location, coupled with the strong financial performance and recent renovations, makes this a compelling investment opportunity in a thriving Alpharetta submarket. The lease type is NN+.

• CAP approach

  CAP return

  Valuation

  6%

  $1,959,233

  6.5%

  $1,808,523

  7%

  $1,679,343

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,561,947

  Geo Method

  $2,561,947

• Alternative Use

  Use

  Valuation

  Residential

  $2,294,188

  Hospitality

  $2,101,464

  Educational

  $1,748,393

  Medical

  $1,808,523

  Retail

  $2,719,722

Location Insight

City

Johns Creek

County

Fulton

State

Georgia

Latitude

34.0693

Longitude

-84.2055

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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