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108 Canton Rd
Cumming, GA 30040
Providence Bank · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Building Size
8,350 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.44 AC
Zoning
OP
Parking
51 Spaces (6.1 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
About 108 CANTON RD , CUMMING, GA 30040
Credit Tenant: Hamilton State Bank has 24 branches in N. Georgia, $1.8B in assets, $1.5B in deposits and $271M in total capital Acquired its 6th bank in four years Branch deposits: $19,500,000 12-year remaining term, on a 20-year lease plus 3 (5)- year options 2.5% annual rent increases throughout term Forsyth County - Cumming, GA - Upscale fast-growing bedroom community of Atlanta MSA (avg. household income $95,915) Over 15,000 VPD on GA Hwy 20 Constructed in 2008; ±8,354 SF on ±1.44 acres NOI: $312,800
Property Taxes
| Parcel Number | C16-001 | Improvements Assessment | $649,744 |
| Land Assessment | $300,960 | Total Assessment | $950,704 |
Property Taxes
Parcel Number
C16-001
Land Assessment
$300,960
Improvements Assessment
$649,744
Total Assessment
$950,704
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