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Northpond Partners Acquires Retail Center The Village At Park Bridge In Alpharetta For $12.9M

Property Image
SOLD
$12,900,000

Georgia

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Retail28,701 SF
Sold 10/03/2025
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Property Image
SOLD

Northpond Partners Acquires Retail Center The Village At Park Bridge In Alpharetta For $12.9M

4180 Old Milton Parkway

See Similar Deals
Retail28,701 SF
Sold 10/03/2025
the dealplayerscompscontact
Contact now

Summary

GEORGIA
Asset Type:Retail
Price Per Square Foot:$449
Total Square Footage:28,701 SF
Transaction Type:Sale

A retail asset, known as The Village at Park Bridge, has been sold in Alpharetta, GA. The property encompasses a total of 28,701 square feet and was sold for $12.9 million. Located at 4180 Old Milton Parkway, the property is currently 96% leased, with notable anchors including Starbucks and Crumbl Cookies.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $12,900,000
  • Address: 4180 Old Milton Parkway
  • Market: Alpharetta, GA
  • Sale Price per Square Foot: $449
  • Buyer: Northpond Partners
  • Seller: Fairway Investments
  • Broker: Anthony Blanco - TSCG

Chicago-based Northpond Partners executed this transaction, acquiring the asset from Fairway Investments. The sale was facilitated by Anthony Blanco, representing the seller in this retail property deal.

Players

Anthony Blanco
TSCG (The Shopping Center Group)
Anthony Blanco
8 deals$105M volume(305) 262-8877
BROKER
TSCG (The Shopping Center Group)
TSCG (The Shopping Center Group)
BROKERAGE
NP
Northpond Partners
BUYER

Details

SOLD
IMAGE: 10/03/2025 ADDRESS: 4180 Old Milton Parkway MARKET: Alpharetta, GA ASSET TYPE: Retail BUYER: Northpond Partners SELLER: Fairway Investments BROKER: Anthony Blanco - TSCG SALE PRICE: $12,900,000 SF: 28,701 ~ PPSF: $449 NOTE: Chicago-based Northpond Partners bought The Village at Park Bridge, a 28,701-square-foot strip center in Alpharetta, GA, for $12.9 million. TSCG’s Anthony Blanco represented the seller, Fairway Investments, in the sale of the 96%-leased property anchored by Starbucks and Crumbl Cookies.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$688,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$45,830.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,152.58
Annual Debt Service$733,830.98