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502 Atlanta Rd 3,311 SF Retail Building Cumming, GA 30040 $2,476,030 CAD ($747.82 CAD/SF) 5.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Location,locatoin,location
- Main Atlanta Rd artery
- 4 way signalized corner
EXECUTIVE SUMMARY
Location,location,location! Solid Equities, Inc. is pleased to bring to market this rare NNN investment opportunity in Cumming, Ga. Situated on.87 of an acre, this property has three (3) streams of revenue stemming from the emission testing facility in the rear, a double sided billboard, and a five bay transmission repair building in the front. Positioned at a signalized, hard corner, 4-way intersection, this parcel checks all the boxes!
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,311 SF
Building Class
C
Year Built
1964
Price
$2,476,030 CAD
Price Per SF
$747.82 CAD
Cap Rate
5.50%
NOI
$136,182 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
Zoning
HB - Historic Business
Parking
20 Spaces (6.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | C28-004 | Improvements Assessment | $51,626 CAD |
| Land Assessment | $220,530 CAD | Total Assessment | $272,157 CAD |
PROPERTY TAXES
Parcel Number
C28-004
Land Assessment
$220,530 CAD
Improvements Assessment
$51,626 CAD
Total Assessment
$272,157 CAD
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Presented by
LDS Equities, LLC
502 Atlanta Rd
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