For Sale
$2,270,000

4890 Golden PkwyBuford, GA 30518

High-growth GA location, strong tenant, great ROI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 4,577 square foot, single-tenant retail property leased to Heartland Dental, the largest dental support organization in the U.S., with over 1,700 locations. Located in Buford, GA, a rapidly growing and affluent North Atlanta suburb, this property boasts a prime outparcel location in a Publix-anchored shopping center directly off Interstate 985 (73,200 vehicles per day) and Highway 347 (32,500 vehicles per day). The 1.13-acre lot is situated near a 1.1 million square foot Amazon logistics center and numerous other national retailers, including Whataburger, Chipotle, Arby's, QuikTrip, and more. The property benefits from a strong demographic profile, with a 5-mile population of 95,068 and an average household income of $112,524. The current lease, commencing December 1, 2021, and expiring December 1, 2031, has seven years remaining and includes 10% rent increases every five years. The Net Operating Income (NOI) is $137,310, resulting in a 6.05% cap rate. The asking price is $2,270,000. Landlord responsibilities are limited to roof replacement and structure; the tenant is responsible for all other expenses. This property offers a secure, long-term investment with significant upside potential in a thriving market. Built in 2000, this property represents a stable and attractive investment opportunity.

Highlights

  • $2,270,000 asking price for a 4,577 SF retail property in Buford, GA.
  • Single-tenant, Heartland Dental-occupied property with a 7-year remaining lease term (10-year lease, commencing 12/01/2021).
  • 6.05% cap rate with a $137,310 NOI.
  • Located in a high-traffic area, with excellent visibility as a Publix outparcel near I-985 (73,200 VPD) and Highway 347 (32,500 VPD).
  • Strong tenant: Heartland Dental, the largest dental support organization in the US, with a corporate guaranteed lease including 10% rent increases every 5 years.

Property Details for 4890 Golden Pkwy

Property type
Retail properties, Medical offices
Square Feet
4,577 SF
Year Built
2000
Lot Size (sq. ft)
49,223 SF

Location Insight

City
Buford
County
Hall
State
Georgia
Latitude
34.1434339
Longitude
-83.9515301
4890 Golden Pkwy, Buford, Georgia

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4890 Golden Pkwy
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