12725 Morris Rd, Alpharetta, GA 3000412735 Morris Rd, Alpharetta, GA 30004
Deerfield Point
REO Sale
Overview
- Transwestern’s Southeast Investment Sales Team is pleased to present Deerfield Point, two Class A office buildings totaling 204,377 SF, positioned just off Georgia 400 in the heart of the thriving North Fulton submarket, widely acknowledged as one of Georgia’s strongest economic and demographic areas.
- Deerfield Point is incredibly well-positioned, situated adjacent to and walkable to The Plaza at Windward, providing a plethora of dining and retail options. Futhermore, it stands opposite from Continuum, a planned large-scale, mixed-use development that will provide tenants unparalleled access to a thriving amenity base of chef-driven restaurants, retail, hospitality and high-end residential. Additionally, the property benefits from its proximity, being just 2 miles away from the renowned Avalon development.
- Deerfield Point presents an exceptional investment opportunity, being offered well below replacement cost or land value. With the Property currently at 42% occupancy, there exists a compelling value-add or Owner/User opportunity.
Investment Highlights
- In-Demand Windward Parkway: Optimally located off of Windward Parkway corridor, an economic powerhouse for North Fulton and business district housing 8 of the city's top 10 employers
- Superior North Fulton Market: The area’s rapid development and its density of executive housing makes this enclave the strongest suburban market
- Atlanta’s Premier Residential Base: Located in one of the most affluent and educated communities in the Atlanta Metro, with average household incomes at $181,400 and a dense suburban population of 174,274
- Outstanding Access to GA-400 & Beyond: Immediate access to GA-400 and major transportation arteries, retail amenities, and executive communities
- REO - Below Replacement Cost: Deerfield Point is anticipated to trade at a significant discount to replacement cost
- Optimally Located Near Avalon: Located one exit away from the thriving mixed-use development and anchor of North Fulton with an assortment of high-end retail and dining amenities
- Powerful GA-400 Corridor: Ideal location along Georgia 400, a powerful economic engine and hub of new development that drives growth in North Atlanta
- Future Residential Redevelopment: New Ownership has the ability to acquire Deerfield Point for well below land value, presenting opportunities for residential redevelopment
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12725 Morris RdAlpharetta, GA 3000412725 Morris Rd, Alpharetta, GA 3000412735 Morris Rd, Alpharetta, GA 30004
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TRANSWESTERN | Southeast Investment Sales Team
Listing provided by Revere CRE