Mansell Plaza

Located in the vibrant Atlanta suburb of Alpharetta, Georgia, this 18,757-square-foot retail strip center at 7855 N Point Parkway offers a compelling investment opportunity. Positioned on 2.18 acres, the property combines ample space with functionality, featuring 100 parking spaces to comfortably serve customers and employees. Its strong fundamentals and prime location make it an attractive asset for investors seeking value and growth in a high-demand retail market. The property is divided into five individual suites, with sizes ranging from 2,000 to 7,940 square feet. H&R Block is the sole on-site tenant, maintaining a long-standing presence with a lease secured through 2028. Buyers have significant flexibility to lease the remaining suites at market rates, maximizing future potential. The property's broad PSC zoning offers investors a wide range of potential uses. PSC, or Planned Shopping Center zoning, permits retail stores, restaurants, offices, service-oriented businesses, day care centers, fitness centers, and specialty shops. This flexibility provides investors with significant opportunities for future revenue. 7855 N Point Parkway benefits from a strategic location within Alpharetta. The asset has prime visibility on North Point Parkway just off GA 400 at Mansell Road at a signalized intersection. The property is surrounded by a wealth of retailers, including REI, T.J. Maxx, Burlington, Starbucks, HomeGoods, and American Signature Furniture. There are also many hotels nearby, including AC Hotel, Hyatt Place, Holiday Inn Express, and Ramada by Wyndham. Alpharetta benefits from its strategic location within the greater Atlanta, Georgia, market, providing access to a diverse and thriving economy. The Atlanta region continues to attract more residents. Atlanta ranked eighth nationally for numerical population growth among metro areas from 2023 to 2024, adding roughly 75,100 residents. The area draws newcomers looking for lower costs of living and doing business compared to the East and West Coast markets. Part of the draw is jobs; metro Atlanta's employment has grown at about double the national average since February 2020. Roughly 42% of adults hold a bachelor's degree or higher compared to the national average of about 36%. Single-family home prices and apartment rents are comparable with the national benchmark, while the metro's median household income of $87,000 is comfortably above the US average of $77,000.This exceptional investment opportunity features a single-tenant retail space occupied by The Greenlight Tax Group (H&R Block), ideally positioned in the thriving and upscale suburb of Alpharetta, Georgia. Located along one of the city's most active retail corridors, the property benefits from outstanding visibility, easy access to GA-400, and a steady flow of year-round consumer traffic. With strong area demographics, high tenant demand, and proven rent growth, this asset offers long-term stability in one of metro Atlanta’s most sought-after markets.