Northpond Partners Acquires Retail Center The Village At Park Bridge In Alpharetta For $12.9M
4180 Old Milton Parkway
$12,900,000
$449/SF
Building Size
28,701 SF
Asset Type
Retail
Closing
Oct 3, 2025
AI
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
Alpharetta Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.23%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93