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2243 Cumming Hwy
Canton, GA 30115
Hobby Lobby & Shops | 100% Occupied · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 100% Occupied | Hobby Lobby, Party City & Tuesday Morning
  • 2018 & 2019 Construction | Modern Design & Facade
  • Northside Hospital-Cherokee | $280 Million Hospital Opened in 2017 | 118-Bed, Full-Service Community Hospital
  • Road Widening Project | Signalized, Hard Corner Intersection | Near I-575 (54,800 VPD) | Multiple Points Of Ingress/Egress
  • Directly Across From Canton Marketplace | 800,000 SF Power Center
  • Dense Population In 10-Mile Trade Area | Six Figure Incomes

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
75,000 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
19.45 AC
Zoning
GC - General Commercial

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Signalized Intersection

ABOUT 2243 CUMMING HWY , CANTON, GA 30115

Hobby Lobby & Shops at Canton Exchange is located along at the signalized hard corner intersection of Cumming Highway (25,400 VPD) and Northside Cherokee Boulevard, and is just off Interstate 575 (54,800 VPD) with convenient on/off ramp access. Cumming Highway, a major arterial that connects the cities of Canton to Cumming, will be undergoing a road widening project, which will increase the lane count to 6 to accommodate projected increased traffic counts. The subject property benefits from crossover shopping from the shadow anchors of HomeGoods and Planet Fitness, as well as the numerous shops pads and adjacent retailers, which includes tenants Five Guys, T-Mobile, Verizon, AT&T, Dunkin Donuts, Race Trac Fuel Station, and more (all NAP). Additionally, the subject property is directly across from Canton Marketplace, an institutionally owned 800,000 SF power center anchored by Target, Lowe’s Home Improvement, Kohl’s, Dick’s Sporting Goods, Bed Bath and Beyond, T.J. Maxx, Best Buy, and more which further drives consumer traffic to the trade area. The affluent 10 mile trade area is supported by a population of exceeding 189,000 residents with an average household income of over $106,000, with Canton Exchange Shops drawing from a wide trade area.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14N23A-00000-022-00C-0000
Land Assessment
$693,455
Improvements Assessment
$1,525,985
Total Assessment
$2,219,440
  • Listing ID: 18331762

  • Date on Market: 1/28/2020

  • Last Updated:

  • Address: 2243 Cumming Hwy, Canton, GA 30115

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