480 Main StAlpharetta, GA 30009
- Retail properties
- 16,520 SF
Property Details for 480 Main St
- Year built
- 2007
- Lot size
- 1.12 AC
- Property size (Sq ft)
- 16,520 SF
- Zone code
- C1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 22 481311800680
- APU
- 22481311800680
Description
This exceptional sublease opportunity presents 1,325 square feet of office space, situated on the second floor of a prestigious Alpharetta building at 480 N Main St, zip code 30009, within the Alpharetta submarket of Fulton County, Georgia. The space, part of a larger 16,520 square foot building complex (two buildings, two stories each), boasts a modern design, having undergone renovations in 2023. Built in 2007, the building features 11-foot ceilings, an elevator, and ample road frontage with a designated area for business signage. The office itself offers an open layout with a sizable reception/conference area, one private office, two entrances, and a private balcony. This sublease includes all utilities (water, power, and gas). The space is available December 1st, 2024. This is a single-tenant occupancy within a high-end center featuring a mix of medical and retail tenants. There's potential for expansion, with up to 3,956 square feet of contiguous office space potentially available. The space may be furnished with existing, new office furniture. 24/7 access is provided. The property's APN is 22481311800680.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $5,350,150
- 6.5%
- $4,938,600
- 7%
- $4,585,843
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,984,822
- Geo Method
- $8,120,426
-
Alternative Use
- Use
- Valuation
- Residential
- $4,165,894
- Hospitality
- $3,815,936
- Educational
- $3,174,814
- Medical
- $3,284,001
- Retail
- $4,938,600
Location Insight
- City
- Alpharetta
- County
- Fulton
- State
- Georgia
- Latitude
- 34.0876
- Longitude
- -84.2958
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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