503 Lakeland Plz - Fast Food FOR SALE
Cumming, GA 30040 |
503 Lakeland Plz
Cumming, GA 30040
HIGHLIGHTS
- New 15-year corporate ground lease with three, 5-year renewal options
- Located at entrance to 300,000 SF Lakeland Plaza anchored by Sprouts, LA Fitness and Belk
- Immediate access to GA-400 (67,000+ VPD) with signalized access along Buford Dr (30,000+ VPD)
- 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)
- Average Household Income of $141,603 and 3.42% annual population growth over next 5 years within 5 miles
- 2nd fastest growing county in Atlanta | Forsyth County grew 43% between 2010-2020
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
STATUS
Demolished
BUILDING DETAILS
PROPERTY NAME
Whataburger Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, Storefront
TOTAL BUILDING SIZE
2974
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
C20-030
