3095 Old Atlanta Rd
Cumming, GA 30041
CVS |Affluent Atlanta Suburb| Rent Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment grade credit
- Affluent area with average HH Incomes in excess of $191k within 1-mile & $162k within 5-miles
- Hard corner signalized intersection
- Rare 5% rent increases every 5 years throughout the initial term and options
- 12 years and 9 months remaining on initial 25 year lease
- No debt to assume – Able to pay all cash
PROPERTY FACTS
ABOUT 3095 OLD ATLANTA RD , CUMMING, GA 30041
CBRE is pleased to present this well-established CVS investment property located in the affluent Atlanta suburb of Cumming, GA. This lease has very rare 5% increases every 5 years throughout the initial term and options. CVS has been at this location for nearly 13 years and the property is situated at the hard corner signalized intersection with excellent visibility and access. It is located directly across the street from the from The Village Shoppes at Windermere, a Publix anchored retail center and surrounded by other national retailers such as McDonald’s, Goodyear, Zaxby’s and Regions Bank. This store is also in close proximity to the South Forsyth Middle School, Sharon Elementary School and Lambert High School. Cumming is the largest city in Forsyth County and a 2019 study by 24/7 Wall St. named Forsyth County as the fastest growing county in Georgia. Between 2010 and 2018 the county experienced a 34.8% increase in population and Forsyth County Schools have been ranked among the best in Georgia.
PROPERTY TAXES
| Parcel Number | 136-026 | Improvements Assessment | $390,540 |
| Land Assessment | $545,184 | Total Assessment | $935,724 |
