For Sale
$3,300,000

4415 Front Nine DrCumming, GA 30041

High-Yield Net Lease Investment. 6 Tenants.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 13,502 square foot retail center in Cumming, Georgia, presents a compelling investment opportunity. Boasting a 100% occupancy rate with six diverse tenants including a veterinary hospital, fitness center, and nail salon, this property generates a substantial net operating income (NOI) of $225,388, yielding a 6.83% cap rate. The asking price is $3,300,000, translating to $244.41 per square foot. Built in 2008, this multi-tenant property sits on a 1.67-acre lot at 4415 Front Nine Drive, enjoying a prime location at the entrance to the prestigious Windermere Country Club. The property benefits from excellent visibility due to large signage and is surrounded by affluent residential areas, with an average household income exceeding $201,209 within a one-mile radius. Its convenient proximity to GA400 further enhances its appeal. This investment offers a secure and high-performing asset in a thriving, affluent community. The strong tenant mix and high occupancy ensure a stable and predictable income stream, making this a truly attractive opportunity for discerning investors. The property's location and tenant profile contribute to its exceptional value and potential for long-term growth.

Highlights

  • $3,300,000 asking price for a 13,502 SF retail property in Cumming, GA.
  • 6.83% cap rate with a $225,388 NOI.
  • 100% occupancy with six tenants including a veterinary hospital, fitness center, and nail salon.
  • Prime location at the entrance to Windemere Country Club, offering excellent visibility.
  • Strong demographics, with average household incomes exceeding $201,209 within a one-mile radius.
  • Situated near GA400 and surrounded by residential homes in a thriving, affluent area.

Property Details for 4415 Front Nine Dr

Property type
Lifestyle centers, Power centers
Square Feet
13,502 SF
Year Built
2008
Lot Size (sq. ft)
72,745 SF

Location Insight

City
Cumming
County
Forsyth
State
Georgia
Latitude
34.1346918
Longitude
-84.125755
4415 Front Nine Dr, Cumming, Georgia

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4415 Front Nine Dr
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