Atlantic Capital Partners has been exclusively retained to sell North Point Village, an institutional-quality lifestyle center located that is located just ten miles north of Atlanta’s central perimeter in Alpharetta, Georgia, Atlanta’s largest and most affluent retail submarket. With an Average Household Income (AHHI) of $141,621 within a 5-mile radius and a growing population capturing a trade area of 371,293 residents, this asset offers exceptional potential to acquire the submarket’s most upscale offering which serves as the hub for many of the premier retailers in the trade area. Situated just off GA 400 with a traffic volume of 167,832 vehicles per day and Mansell Rd. with 19,707 vehicles per day, the asset boasts excellent visibility along the prominent North Point Parkway retail corridor.

Spanning 56,946 square feet, North Point Village is currently fully leased to 12 retail tenants, with a weighted average remaining lease term of 4.7 years. This asset, completed in 2000, holds a prime position at the epicenter of the North Fulton retail market.

North Point Village is being offered for sale with the option for assumable debt featuring a below-market interest rate. This presents an opportunity for accretive debt in a period with uncertain capital markets.