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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



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
* 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
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 |
1 of 1
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 201
| Size | 2,360 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Tenant pays janitorial
1 1
PROPERTY TAXES
| Parcel Number | C06-021 | Total Assessment | $839,325 |
| Land Assessment | $126,768 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $712,557 | Tax Year | 2025 |
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
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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North Corners Medical Building | 110 N Corners Pky
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