503 Lakeland Plz | Cumming, GA 30040
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- LoopNet Team
503 Lakeland Plz
Cumming, GA 30040
Whataburger Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year corporate ground lease with three, 5-year renewal options
- Immediate access to GA-400 (67,000+ VPD) with signalized access along Buford Dr (30,000+ VPD)
- Average Household Income of $155,000 and 10.30% population growth by 2027 within 5 miles
- Located at entrance to 300,000 SF Lakeland Plaza anchored by Sprouts, LA Fitness, Belk, JOANN and more
- ½ mile from Northside Hospital Forsyth (304 beds and 2,000+ employees) and mins to Lake Lanier (GA's largest lake with 11M+ visitors annually)
- Fastest growing county in Atlanta and 2nd fastest in Georgia | Forsyth County grew 43% between 2010-2020
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,974 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.84 AC
Zoning
CBD - central business district
Parking
35 Spaces (11.77 Spaces per 1,000 SF Leased)
Frontage
155’ on Buford Rd
AMENITIES
- Restaurant
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | C20-030 | Improvements Assessment | $199,424 |
| Land Assessment | $252,000 | Total Assessment | $451,424 |
PROPERTY TAXES
Parcel Number
C20-030
Land Assessment
$252,000
Improvements Assessment
$199,424
Total Assessment
$451,424
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