8610 Roswell RdSandy Springs, GA 30350
- Retail properties
- 87,867 SF
Property Details for 8610 Roswell Rd
- Year built
- 1988
- Lot size
- 10.61 AC
- Property size (Sq ft)
- 87,867 SF
- Zone code
- CUP
- Property type
- Retail properties
- Property subtype
- Strip malls
- APN
- 06 036300010817
- APU
- 6036300010817
Description
River Springs Center, located at 8610 Roswell Road in Sandy Springs, Georgia, 30350, offers a unique opportunity for retail, restaurant, or office tenants. This 89,000 square foot Class B property, built in 1987 and renovated in 2021, sits on 14 acres of land and features 27 suites, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 60,000 square feet. The center enjoys a prime location directly across from the Huntcliff Golf Community and a high-volume Publix grocery store, ensuring high visibility and foot traffic. Situated within a busy retail corridor featuring national brands such as Chick-fil-A, Moe's, Dunkin' Donuts, Chipotle, Starbucks, and McDonald's, this property benefits from a strong demographic, boasting over 221,000 residents within a five-mile radius and an average household income exceeding $137,000 within a three-mile radius. Roswell Road, where the property is located, sees over 44,000 vehicles per day, providing excellent accessibility and visibility. The property is classified as a shadow anchor in the Sandy Springs - Roswell Road Retail submarket, specifically within the North Springs (Northern Sandy Springs) area bordering downtown Roswell. No elevators are present in the building.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $31,013,504
- 6.5%
- $28,627,850
- 7%
- $26,583,002
-
Comparable approach
- Method
- Valuation
- Relative Method
- $40,849,924
- Geo Method
- $13,591,057
-
Alternative Use
- Use
- Valuation
- Residential
- $24,148,662
- Hospitality
- $22,120,044
- Educational
- $18,403,618
- Medical
- $19,036,546
- Retail
- $28,627,850
Location Insight
- City
- Sandy Springs
- County
- Fulton
- State
- Georgia
- Latitude
- 33.991
- Longitude
- -84.3529
- 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
FAQs
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