4180 Georgia Highway 400
Cumming, GA 30028
Progressive Lighting | Long Term NNN Lease · Retail Property For Sale
Property Facts
Amenities
- Dedicated Turn Lane
About 4180 GEORGIA HIGHWAY 400 , CUMMING, GA 30028
Retail Investment Group is pleased to be the exclusive listing agent for the Progressive Lighting location in Cumming, Georgia. This freestanding building is ±28,732 square feet with a land area of ±2.40 acres. This property is located in main retail corridor on a hard corner. Within a 5-mile radius of the property, the average household income is $77,261 and the population is projected to increase over 16% from 2019-2024. Nearby retailers include: WalMart, Dollar General, McDonald's, Walgreens, Wendy's, Starbucks, Taco Bell and more. The property will transfer with a long-term absolute NNN lease with annual 2% increases starting in March 2021. Built in 2000 for the tenant, this property is Progressive Lighting's steady home and pivotal in Progressive Lighting's 54 years in business. In Addition to retail sales, this location benefits from and bolsters the tenant's wholesale and online platforms.
Property Taxes
| Parcel Number | 237-036 | Improvements Assessment | $727,600 |
| Land Assessment | $268,800 | Total Assessment | $996,400 |
Property Taxes
