1780 Buford HwyCumming, GA 30041

Property Details for 1780 Buford Hwy

Year built

2012

Lot size

1.61 AC

Property size (Sq ft)

4,117 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

This exceptional investment opportunity presents a fee-simple interest in a Mister Car Wash, located at 1780 Buford Hwy, Cumming, GA 30041. The 4,117 square foot property sits on a 1.61-acre lot and boasts 42 parking spaces. Built in 2012, this absolute NNN leased property offers a 25-year lease (commencing November 1, 2017, and expiring October 31, 2042), with 18 years remaining and five 5-year renewal options. The lease includes 1.5% annual rent bumps, ensuring consistent NOI growth. The current NOI is $379,567, resulting in a 6.25% cap rate and a price per square foot of $1,475.10. The asking price is $6,073,000. This property benefits from a prime location along Buford Highway (33,000 vehicles per day) and US Highway 19 (75,000 vehicles per day), offering excellent visibility and access. The surrounding area features strong national credit tenants, including Aldi, Publix, Walgreens, Target, and more, creating a dense retail corridor with high consumer traffic. The property's location within a wealthy Atlanta suburb, with an affluent demographic base within a 5-mile radius, further enhances its investment appeal. The property is zoned for commercial use and has a Forsyth County APN of 200 068. This is a management-free investment opportunity with a well-established tenant and strong long-term growth potential. The lease is guaranteed by a subsidiary of the corporate entity. 100% occupancy ensures a reliable income stream.

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Latitude

34.1608

Longitude

-84.115

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