2405 Peachtree PkwyCumming, GA 30041

Property Details for 2405 Peachtree Pkwy

Year built

2020

Lot size

1.14 AC

Zone code

CBD

Property type

Retail properties

Property subtype

Drive through restaurants

APN

112 010

APU

112010

Description

This exceptional 3,080 square foot retail space, formerly a quick-service restaurant (QSR), presents a unique investment opportunity in Cumming, Georgia. Built in 2020, this new construction boasts a thoughtfully designed layout that fully complies with county regulations. The property's strategic location at a highly visible, lighted main entrance to a Walmart Supercenter ensures maximum exposure and accessibility for potential businesses. The existing drive-thru lane and fixtures, fittings, and equipment (FFE) are already in place, significantly reducing start-up costs and time for a new tenant. This single-tenant property is situated at 2405 Peachtree Pkwy, Cumming, GA 30041, benefiting from the area's explosive growth and high-income demographics. The property's size and features make it ideal for a variety of food service or retail concepts. This turnkey operation offers a rare chance to capitalize on a prime location with minimal upfront investment. The property is classified as Retail and Restaurant and offers significant potential for a savvy investor or business owner seeking a ready-to-go establishment in a thriving market. The building's modern design and convenient location combine to create an exceptional opportunity for immediate occupancy and revenue generation.

• CAP approach

  CAP return

  Valuation

  6%

  $12,810,669

  6.5%

  $11,825,233

  7%

  $10,980,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,409,450

  Geo Method

  $24,409,450

• Alternative Use

  Use

  Valuation

  Residential

  $9,975,026

  Hospitality

  $9,137,070

  Educational

  $7,601,936

  Medical

  $7,863,378

  Retail

  $11,825,233

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Latitude

34.1001

Longitude

-84.1764

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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