Northmeadow Distributon Center V — Lease in Alpharetta, GA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Alpharetta, GA
  • Size: 103,000 SF
  • Year built: 1999

Description

Market Context

This industrial in Alpharetta, GA is listed for lease across 103,000 SF. The building dates to 1999. It has been on the market for 113 days. Compare it against other industrial listings for lease in Alpharetta, GA — view the full market.

As of Q1 2026, the Atlanta industrial market showed a 9.6% vacancy rate, average asking rents near $7.19/SF/yr, rents up 8.5% year over year, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Atlanta?
About 6.5% as of Q1 2026, per multiple brokerage reports.
Is the Atlanta industrial market tightening or softening?
Vacancy is around 9.6%, with asking rents rising year over year (Q1 2026).

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