601 Atlanta Rd - Bank FOR SALE


Cumming, GA 30040
$4,376,400 USD
404-441-3849
601 Atlanta Rd, Cumming, GA for Sale
$4,376,400 USD
Bank - FOR SALE
1/4
null | 4.65% Cap Rate

601 Atlanta Rd
Cumming, GA 30040


HIGHLIGHTS

  • NNN Ground Lease | Long-term operating history
  • Located approximately 33 miles north of downtown Atlanta
  • Chase is within a mile from several prominent shopping centers
  • Affluent Demographics

OVERVIEW

CBRE is pleased to exclusively offer for sale the 3,782 square-foot Chase Bank situated on 0.93 acres in Cumming, GA - a component of the broader Atlanta MSA (population: 6.4M). Chase Bank’s NNN ground lease features ±15.0 years of term remaining with a 10% rent increase every 5 years throughout the term and in each of the four, 5-year renewal options.

FOR SALE DETAILS

PRICE

$4,376,400 USD

PRICE/SF

$1,157 USD /SF

CAP RATE

4.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank: Cumming, GA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

HB

APN/PARCEL ID

C19-026

ASK ABOUT THIS PROPERTY

Christopher BosworthCBRE, Inc.More Info
404-441-3849

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Christopher BosworthCBRE, Inc.More Info
404-441-3849

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