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502 Atlanta Rd 3,311 SF Retail Building Cumming, GA 30040 $1,790,980 ($540.92/SF) 5.50% Cap Rate



INVESTMENT HIGHLIGHTS
- Location,locatoin,location
- Main Atlanta Rd artery
- 4 way signalized corner
EXECUTIVE SUMMARY
Location,location,location! Solid Equities, Inc. is pleased to bring to market this rare NNN investment opportunity in Cumming, Ga. Situated on.87 of an acre, this property has three (3) streams of revenue stemming from the emission testing facility in the rear, a double sided billboard, and a five bay transmission repair building in the front. Positioned at a signalized, hard corner, 4-way intersection, this parcel checks all the boxes!
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,311 SF
Building Class
C
Year Built
1964
Price
$1,790,980
Price Per SF
$540.92
Cap Rate
5.50%
NOI
$98,504
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
Zoning
HB - Historic Business
Parking
20 Spaces (6.04 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | C28-004 | Improvements Assessment | $36,808 |
| Land Assessment | $157,232 | Total Assessment | $194,040 |
PROPERTY TAXES
Parcel Number
C28-004
Land Assessment
$157,232
Improvements Assessment
$36,808
Total Assessment
$194,040
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Presented by
LDS Equities, LLC
502 Atlanta Rd
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