4300 North Point Parkway- Alpharetta, Georgia

4300 North Point Parkway - Alpharetta, Georgia
A Class A Office Investment Opportunity
Exclusively Presented by:
4 3 0 0 n o r t h p o i n t pa r k w ay
Investment Highlights
dynamic suburban atlanta location
4300 North Point Parkway is located within the city of Alpharetta in the North Fulton submarket
of Atlanta, a highly-sought-after destination within the Georgia 400 corridor. The property
benefits from the following attributes:
Property Specifications
Address
4300 North Point Parkway
Jurisdiction
Fulton County - City of Alpharetta
Tax Parcel Number
12 312009060181
Zoning
OI (Office Institutional)
Site Size
9.94 acres
Parking
243 spaces (4.05/1,000 SF)
healthcare
• Four award winning hospitals – North Fulton, Northside Alpharetta (outpatient), Emory Johns
Creek and Northside Forsyth
Property Type
Mid-Rise Office
Year Built
2001
office
• Headquarters for three Fortune 500 companies: UPS, First Data and Newell Rubbermaid
Building Size
±60,000 square feet
Stories
3
Average Floor Plate
20,265
retail
• North Point, a super-regional mall anchored by Macy’s, Dillard’s, JCPenney, Sears and Von
Maur
• Avalon, a new $600 million mixed-use development situated on 86 acres, located 1.5 miles
from the subject property
• Regional location for 16 Fortune 500 firms
residential
• Plethora of high-end residential and country club communities
education
• Top ranked elementary, middle and high schools
access
• Proximity to Georgia 400
superior demographics
• Average household income of $117,000 within one mile
• Average home value of $390,000 within one mile
• 66% of the population within one mile has a bachelor’s degree or higher
Institutional Quality Asset
• Built in 2001 and impeccably maintained by Hanjin Shipping, a multi-national corporation
• Excellent curb appeal with quality construction and contemporary design
• Convenient access from two ingress/egress points - one with a traffic light
• Direct visibility of building and signage from North Point Parkway
• 9.94-acre site with well-maintained, mature landscaping
owner/user opportunity
• Large space block of 43,000 contiguous square feet available by January 2015
• Efficient floor plates averaging 20,000 square feet offer leasing flexibility
• Two tenants occupying a combined 16,000 square feet on the third floor provide significant
cash flow
4 3 0 0 n o r t h p o i n t pa r k w ay
photo gallery
4 3 0 0 n o r t h p o i n t pa r k w ay
photo gallery
9
7
11
RESTAURANTS
1. Bahama Breeze
2. Figo
3. Panera Bread
4. TGI Friday’s
5. 5 Seasons Brewery
6. Vinny’s on Windward
7. Romano’s Macaroni Grill
8. P.F. Changs
9. Atlantic Seafood Co.
10
Golf Club
of Georgia
12
6
RETAIL ATTRACTIONS
1. North Point Mall
a. Macy’s
b. Dillards
c. JC Penney
d. Sears
e. Von Maur
f. Cheesecake Factory
g. California Pizza Kitchen
2. AMC Theaters
a. Mansell Crossing 14
b. North Point Mall 12
3. Barnes & Noble
4. Best Buy
5. Staples
6. Target
7. Dick’s Sporting Goods
8. Regal North Point Market 8
9. Lowes Home Improvement
10. Walmart
11. Costco
12. Home Depot
13. Publix
AVALON
$600 Million
Mixed-Use
Development
Big Creek Greenway
2
1
HANJIN
2
1
5
1
2b
4
5
13
Northpoint
2
1
Mall
6
8
7
3
8 3
9
HEALTHCARE
1. North Fulton Hospital
2. Northside Hospital (outpatient)
4
2a
OTHER
1. North Point Community Church
2. Verizon Wireless Amphitheater
Country Club
of Roswell
Country Club
of the South
River Pines
Golf Club
4 3 0 0 n o r t h p o i n t pa r k w ay
nearby amenities
4 3 0 0 n o r t h p o i n t pa r k w ay
North Fulton’s Strengths
4300 North Point Parkway ‘s location in Alpharetta situates the
property in the heart of suburban Atlanta’s most desirable residential, retail, and business area — the dynamic North Fulton
submarket. Broadly regarded as the “Golden Corridor” due to the
diverse collection of industries located along GA-400, North Fulton
is one of the fastest growing regions in the country and home to
numerous corporate headquarters, Fortune 500 companies, worldclass hospitals and exceptional school systems.
North Fulton is one of the most powerful economic drivers in
the state. The area’s office market, home to the second largest
concentration of executive decision makers in metro Atlanta, totals
nearly 19 million square feet of space and includes headquarters
for Fortune 500 companies UPS, First Data Corporation and Newell
Rubbermaid, major regional operations for 16 other Fortune 500
firms and thousands of smaller companies. Close proximity to
Central Perimeter’s 23 million square feet of office space provides
residents even more employment opportunities.
$600 Million Mixed-Use Development
400
old mil
ton par
k way
Attracted by an affluent, educated residential base, Alpharetta has
become a shopping and dining destination for all of north Atlanta.
The area’s abundant options range from the many big-box retailers
and national restaurants surrounding the 1.3-million-square-foot
North Point Mall to the quaint boutiques and eateries found in
historic downtown Alpharetta and Roswell.
Many of the highest ranking public schools in Georgia are located
in North Fulton and the county is home to 13 centers for higher
education, including Gwinnett Technical College’s forthcoming new
campus in Alpharetta.
no
rt
o
hp
in
ar
tp
ay
kw
4300 north point
parkway
For more information about 4300 north point
parkway, please contact:
Kevin Markwordt, CCIM
Managing Director
404.842.6508
[email protected]
3340 Peachtree Road, NE, Suite 1000
Atlanta, GA 30326
t: 404.842.6600 | f: 404.842.6601
www.transwestern.net/atlanta
Val Despard
Associate
404.842.6514
[email protected]
We obtained the information in this offering package from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale,
lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent
current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.