598 Atlanta Hwy | Cumming, GA 30040
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- LoopNet Team
598 Atlanta Hwy
Cumming, GA 30040
Burger King · Retail Property For Sale
Investment Highlights
- Just under 15 years remaining years remaining on a triple-net (NNN) Burger King, tenanted and operated by GPS Hospitality
- Attractive rent increases of 7.50% every 5 years throughout the base term and four 5-year options
- On a hard corner at the four-way signalized intersection of Atlanta Highway (13,000 Vehicles Per Day) & Buford Highway (29,600 Vehicles Per Day)
- Burger King consists of 3,053-square feet of gross leasable area and is situated on a 1.37-acre lot (59,677 SF) with a drive thru lane
- Underwent a $450,000 renovation that was completed in April of 2018
- Located in a dense and affluent area with 45,833 people living within a 3-mile radius making an average household income of $131,914
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,053 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.27 AC
Zoning
CBD - Central Business District
Parking
30 Spaces (9.82 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Wheelchair Accessible
Property Taxes
| Parcel Number | C20-014 | Improvements Assessment | $156,204 |
| Land Assessment | $295,680 | Total Assessment | $451,884 |
Property Taxes
Parcel Number
C20-014
Land Assessment
$295,680
Improvements Assessment
$156,204
Total Assessment
$451,884
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