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North Corners Medical Building 110 N Corners Pky 11,780 SF 80% Leased Office Building Cumming, GA 30040 $3,473,656 ($294.88/SF) 7.35% Cap Rate

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EXECUTIVE SUMMARY

* Prime location in Cumming, GA, a high-growth Atlanta suburb in Forsyth County—among the fastest-growing and most affluent counties in Georgia
* Directly across from the new Cumming City Center, a 75-acre lifestyle development with retail, restaurants, and amphitheater, enhancing pedestrian access and visibility
* 11,780 SF medical office building, purpose-built for Roswell Pediatric Center in 1999 and extensively renovated in 2019 to accommodate modern pediatric care operations
* Leased to Roswell Pediatric Center, P.C., one of metro Atlanta’s leading pediatric practices with 40+ years of operating history and three regional locations
* Long-term 10-year lease through July 2029 with 3% annual rental escalations and one (1) 10-year renewal option, offering stable, growing income
* Full-service gross lease structure, limiting landlord exposure to operating costs while ensuring consistent net operating income growth
* Ample parking and efficient site layout on 1.39 acres, with direct access and signage along North Corners Parkway and immediate proximity to GA-20 and GA-400
* Less than 2 miles to Northside Hospital Forsyth, Lake Lanier, and downtown Cumming—positioned within a growing medical and residential corridor
* Surrounded by schools, daycares, retail, and residential communities, reinforcing long-term relevance as a pediatric destination

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
11,780 SF
Building Class
C
Year Built/Renovated
1999/2019
Price
$3,473,656
Price Per SF
$294.88
Cap Rate
7.35%
NOI
$255,314
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,890 SF
Slab To Slab
11’
Building FAR
0.19
Lot Size
1.39 AC
Zoning
CBD - Commercial Business District
Parking
64 Spaces (5.43 Spaces per 1,000 SF Leased)

AMENITIES

  • Conferencing Facility
  • Property Manager on Site
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Roswell Pediatric Center, P.C
  • Health Care and Social Assistance
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Roswell Pediatric Center, P.C Health Care and Social Assistance 99,999 SF $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 201
  • 2,360 SF
  • Office
  • Shell Space
  • Now

Tenant pays janitorial

Space Size Space Use Condition Available
2nd Fl-Ste 201 2,360 SF Office Shell Space Now

2nd Fl-Ste 201

Size
2,360 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 201

Size 2,360 SF
Space Use Office
Condition Shell Space
Available Now

Tenant pays janitorial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C06-021
Land Assessment
$126,768
Improvements Assessment
$712,557
Total Assessment
$839,325
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 36629932

  • Date on Market: 7/7/2025

  • Last Updated:

  • Address: 110 N Corners Pky, Cumming, GA 30040

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