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Shopping Strip

Deerfield Village

5306 Windward Pkwy, Alpharetta, GA 30004

Listing Price: $6,565,000

Cap Rate
7.00%
Gross SF
16,500
Rentable SF
16,500
Price/Gross SF
$397.88
Lot Size
3.95 acres
Year Built
2001

Investment Overview

DEERFIELD VILLAGE
• The property is a 16,500 square foot neighborhood shopping center located in Atlanta’s most dense and affluent suburb
• The property is 100% leased to a unique mix of national & local restaurant tenants
• Successful tenant history at the center
• Windward Parkways is one of North Atlanta’s premier retail corridors
• Close proximity to I-400
• WALT: 6.4 Years

SUCCESSFUL TENANT HISTORY
• This shopping center is famous in the Alpharetta Community and has been a long standing “Hot Spot” for some of the well-known restaurant concepts in town
• Ichiban has been in the center for over 20 years is one of the most popular Hibachi restaurants in Alpharetta (730 Google Reviews 4 Stars)
• Nahm has been in Deerfield Village for 15+ years and is Alpharetta’s go-to high end Thai Food restaurant (1,272 Google Reviews 4.5 stars)
• Taziki’s is a corporately guaranteed lease
• Brass Tap and Kahn’s Kitchen are newer concepts and have had strong openings
• Historical Vacancy at the center is nearly 100%, as downtime between vacancies has never been for more than a few months at a time

PREMIER CORRIDOR OF NORTH ATLANTA
• Property is positioned in the major retail corridor of Alpharetta, Windward Parkway (38,300 VPD)
• Windward Parkway is widely known as one of the major retail epicenters of North Atlanta & the Roswell/Alpharetta Submarket with over 2.5M square feet of retail in the surrounding 1-Mile Radius
• Windward Parkway has a direct exit off US- 400 (135K VPD) which is just 0.5 miles (2 minutes) from the subject property
• Tenants along Windward Parkway Include: Walmart, Costco, Home Depot, Kroger, Lowe’s, Chick- Fil-A, McDonalds, Chipotle, Five Guys, and many more

ALPHARETTA, GA
• Alpharetta, GA, a vibrant Southern city with an exceptional quality of life, is one of Atlanta’s most affluent and desired suburbs
• Alpharetta has been a catalyst of redevelopment and features many “destination entertainment” spots such as Downtown Alpharetta with over 50 shops, restaurants, and hotels
• Trademark Property Co. is planning to redevelop the 44-acre North Point Mall site (located 3 miles from property) into a mixed-use development that will feature 36 townhomes, 650 multifamily residential units, a 150-room hotel, 330,000 SF of off ice space, 30,00 SF of medical space, 211,300 SF of Retail, & 86,15 SF of restaurants.
• See market overview section for additional information on Alpharetta

Investment Highlights

  • Premier North Atlanta Suburb
  • Windward Parkway Corridor | 2.5M SF Of Retail
  • 5-Mile Pop: 171,492 | Incomes: $172,450 | Growth: 7.66%
  • Successful Tenants Stable Historical Occupancy
  • WALT: 6.4 Years
  • 1/2 Mile To Major Interstate I-400 (135,000 VPD)

Exclusively Listed By

Financing By

Shopping Strip

Deerfield Village

Listing Price: $6,565,000

Cap Rate
7.00%
Gross SF
16,500
Rentable SF
16,500
Price/Gross SF
$397.88
Lot Size
3.95 acres
Year Built
2001

Investment Highlights

  • Premier North Atlanta Suburb
  • Windward Parkway Corridor | 2.5M SF Of Retail
  • 5-Mile Pop: 171,492 | Incomes: $172,450 | Growth: 7.66%
  • Successful Tenants Stable Historical Occupancy
  • WALT: 6.4 Years
  • 1/2 Mile To Major Interstate I-400 (135,000 VPD)

Investment Overview

DEERFIELD VILLAGE • The property is a 16,500 square foot neighborhood shopping center located in Atlanta’s most dense and affluent suburb • The property is 100% leased to a unique mix of national & local restaurant tenants • Successful tenant history at the center • Windward Parkways is one of North Atlanta’s premier retail corridors • Close proximity to I-400 • WALT: 6.4 Years SUCCESSFUL TENANT HISTORY • This shopping center is famous in the Alpharetta Community and has been a long standing “Hot Spot” for some of the well-known restaurant concepts in town • Ichiban has been in the center for over 20 years is one of the most popular Hibachi restaurants in Alpharetta (730 Google Reviews 4 Stars) • Nahm has been in Deerfield Village for 15+ years and is Alpharetta’s go-to high end Thai Food restaurant (1,272 Google Reviews 4.5 stars) • Taziki’s is a corporately guaranteed lease • Brass Tap and Kahn’s Kitchen are newer concepts and have had strong openings • Historical Vacancy at the center is nearly 100%, as downtime between vacancies has never been for more than a few months at a time PREMIER CORRIDOR OF NORTH ATLANTA • Property is positioned in the major retail corridor of Alpharetta, Windward Parkway (38,300 VPD) • Windward Parkway is widely known as one of the major retail epicenters of North Atlanta & the Roswell/Alpharetta Submarket with over 2.5M square feet of retail in the surrounding 1-Mile Radius • Windward Parkway has a direct exit off US- 400 (135K VPD) which is just 0.5 miles (2 minutes) from the subject property • Tenants along Windward Parkway Include: Walmart, Costco, Home Depot, Kroger, Lowe’s, Chick- Fil-A, McDonalds, Chipotle, Five Guys, and many more ALPHARETTA, GA • Alpharetta, GA, a vibrant Southern city with an exceptional quality of life, is one of Atlanta’s most affluent and desired suburbs • Alpharetta has been a catalyst of redevelopment and features many “destination entertainment” spots such as Downtown Alpharetta with over 50 shops, restaurants, and hotels • Trademark Property Co. is planning to redevelop the 44-acre North Point Mall site (located 3 miles from property) into a mixed-use development that will feature 36 townhomes, 650 multifamily residential units, a 150-room hotel, 330,000 SF of off ice space, 30,00 SF of medical space, 211,300 SF of Retail, & 86,15 SF of restaurants. • See market overview section for additional information on Alpharetta

Exclusively Listed By

Financing By

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