McGinnis Ferry Promenade – SOLD
5360 McGinnis Ferry Road, Alpharetta, Georgia 30005
– SOLD –
- Strong exposure and excellent access via 4 curb cuts (3 on Faircroft, 1 on McGinnis)
- New Construction; built in 2007
- Lies within one of the fastest growing counties in the Atlanta MSA
- Great Demographics; average household incomes over $157,000 within 1 mile radius
- Adjacent to new housing development
- High end construction
- Low vacancy rates in the area
- 26,000 cars per day on McGinnis Ferry Road
The subject site is a 7.745 acre retail tract located along the north side of McGinnis Ferry Road near Windward Parkway in the city of Alpharetta. This is a fee simple offering of an unanchored retail center at McGinnis Ferry and Faircroft Drive. The land has an irregular rectangular shape with 491 feet of frontage along McGinnis Ferry Road to a depth of about 840 feet on Faircroft Drive. All public utilities are available to the subject property in adequate quantity and quality to service the property. The site is well located and afforded good access and visibility from McGinnis Ferry Road.
Location and Access
McGinnis Ferry Promenade is located in Forsyth County in the city of Alpharetta. The location is three miles northeast of Alpharetta, five miles west of the city of Suwanee and twenty five air miles north of the Atlanta CBD. The subject neighborhood is bound by the Chattahoochee River to the east, State Bridge Road to the south, and Georgia Highway 400/State Route 19 sets the boundary to the west and north. The neighborhood is primarily composed of north Fulton and south Forsyth Counties. Retail, office, industrial and residential land uses are mixed along McGinnis Ferry Road. McGinnis Ferry Road is a two and four-lane surface street that connects Georgia 400 and State Route 141 to Duluth and Suwanee. Ingress into the center will be provided through three curb cuts on Faircroft Drive and one on McGinnis Ferry Road. McGinnis Ferry Road and Faircroft Drive will be a signalized intersection.
Description of Improvements
McGinnis Ferry Promenade is unanchored specialty retail consisting of two, one-story buildings totaling 37,209 square feet. The center is designed for multiple tenants. Construction is of a reinforced concrete slab foundation and a steel frame mixed with concrete block. The walls will be made with brick veneer and stucco accents. Storefronts are plate glass set in steel frames and the roof is a built-up tar roof with standing seam metal accents.