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4180 Old Milton Parkway

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

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

Anthony Blanco

TSCG (The Shopping Center Group)

Broker

$105M

vol

8 deals

Broker
TSCG (The Shopping Center Group)
TSCG (The Shopping Center Group)Brokerage

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