4405 Front Nine Dr - Freestanding FOR SALE


Cumming, GA 30041
$5,739,000 USD
980-498-3293
4405 Front Nine Dr, Cumming, GA for Sale
$5,739,000 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

4405 Front Nine Dr
Cumming, GA 30041


HIGHLIGHTS

  • GREAT DEMOGRAPHICS IN AFFLUENT GEORGIA SUBMARKET
  • POSITIONED AT A HARDCORNER
  • ATTRACTIVE LEASE FUNDAMENTALS

OVERVIEW

ATTRACTIVE LEASE FUNDAMENTALS - Long term 20 year lease with 14 years remaining in the initial term - Abs. NNN lease providing zero landlord responsibilities - Five (5) five (5) extensions remaining with 10% increases every 5 years CORPORATE GUARANTEE - With over 94 locations Petsuites of America is a fast-growing brand that is looking to open locations across the southeast and the Triad NC - One of the few veterinary locations with a corporate guarantee providing a safe investment GREAT DEMOGRAPHICS IN AFFLUENT GEORGIA SUBMARKET - Within a 3-mile radius of the site the AHHI exceeds $200K providing discretionary spending - Within a 3-mile radius of the site are more than 53K people who might bring their pet into a petsuite - Within a 1-mile radius of the site are more than 3,300 households NEARBY MARKET DRIVERS - Located across the street from the site is the Carrington Academy of Cumming, GA - With over 250 students and more than 15K houses surround the site in a 3 mile radius - The Petsuites is within the Windermere community of Cumming, GA which has over 75K residents in a resort style community POSITIONED AT A HARDCORNER - Site is located at the lighted intersection of Windermere Pkwy (17.3K VPD) and Cumming Hwy (42.4K VPD) - Petsuites benefits from easy access from the lighted intersection as well as the high traffic count from these two commuter routes HIGH GROWTH ATLANTA, GA TAILWINDS - The Petsuites is located in the Atlanta, GA MSA, as the 8th largest U.S. metro, Atlanta has over 6.2 million residents and continues to expand - Home to 13+ Fortune 500 companies, the region’s economic strength drives demand for retail

FOR SALE DETAILS

PRICE

$5,739,000 USD

PRICE/SF

$410 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

PetSuites

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

C3

APN/PARCEL ID

177-544

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.