1479 Ventura Drive is a 16,800-SF, multi-tenant flex/industrial building is strategically located just off GA-400 in Cumming, GA, at the heart of the North Fulton/Forsyth County corridor. The property is 100% leased to three (3) tenants with a weighted average lease term (WALT) of 2.33 years. This building currently has below market in place rents of 70%, entrenched tenants, in place lease escalations, and a phenomenal location, an investor will experience continued rent appreciation and NOI growth throughout the tenant’s continued tenancy in the Property given the economic stability in Cumming, GA.
The property’s design and functionality featuring suites of 4,000–5,000 SF, both dock-high and grade level loading, and a balanced office to warehouse ratio cater directly to the needs of service, distribution, and last-mile tenants. Due to the Property’s location and functionality in a high barrier to entry location, the Property offers any investors a unique opportunity in today’s marketplace.