116 North Main Street — Sale in Alpharetta, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Alpharetta, GA 30009

Description

Prime Downtown Alpharetta Retail | 3,200 - 7,500 SF Available! Mixed use project with 16,000 SF of retail space and 32,000 SF of office space in the heart of Downtown Alpharetta Unique 2,600 SF restaurant space available with rooftop potential

Market Context

This retail in Alpharetta, GA is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Alpharetta, GA — view the full market.

As of Q1 2026, the Atlanta retail market showed a 4.5% vacancy rate, average asking rents near $24.00/SF/yr, and cap rates around 7.1%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Atlanta?
About 7.1% as of Q1 2026, per multiple brokerage reports.
Is the Atlanta retail market tightening or softening?
Vacancy is around 4.5% (Q1 2026).

Estimated Market Rate

$170.64/SF – $230.86/SF

Mid: $200.75/SF

Rate estimator only; cost-of-business estimate unavailable.

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