Retail Space
560 Atlanta Road Cumming, GA 30040
Details & Description
Price: $1,101,066
    Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 560 Atlanta Road in Cumming, Georgia. The site constructed in 1993 consists of 2,494 rentable square feet of building space and sits on an approximately 1.0 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $66,054 with 3.5% escalations each Five-year period. There will be three five-year tenant renewal options with 3.5% rental increases in each of the Five-year option periods, extending the total possible lease term to 40years. The subject property has displayed strong performance throughout its history in Cumming, as a result The Franville Corporation will execute a new 25-Year Absolute NNN Lease at Close of Escrow.
    Property Highlights
    Listing Agents
    Andrew Jaworski

    O: 407-557-3839
    andrew.jaworski@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    560 Atlanta Road

    Cumming, GA 30040

    Listing ID: 275527
    • 560 Atlanta Road Cumming, GA 30040 | for Sale | Photo 1
    • 560 Atlanta Road Cumming, GA 30040 | for Sale | Photo 2
    560 Atlanta Road | for Sale | Thumbnail 1
    560 Atlanta Road | for Sale | Thumbnail 2
    Building Size: 2,494 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $441.49
    Land $/SF: $25.28
    Price
    $1,101,066
    Property Highlights
    New 25-Year Absolute NNN Lease To Be Executed at Close of Escrow
    25-Year Absolute NNN Lease - Zero Landlord Responsibilities
    3.5 Rent Escalations Each Five-Year Period
    Tenant Renewal Options Three 3, Five-Year Options
    Located on a Major Thoroughfare
    Description

    Marcus & Millichap is pleased to present this exclusive listing of a freestanding Krystal Restaurant located at 560 Atlanta Road in Cumming, Georgia. The site constructed in 1993 consists of 2,494 rentable square feet of building space and sits on an approximately 1.0 acre parcel of land. Krystal is subject to a brand new, 25-year Absolute NNN lease, the starting base rent shall be $66,054 with 3.5% escalations each Five-year period. There will be three five-year tenant renewal options with 3.5% rental increases in each of the Five-year option periods, extending the total possible lease term to 40

    years. The subject property has displayed strong performance throughout its history in Cumming, as a result The Franville Corporation will execute a new 25-Year Absolute NNN Lease at Close of Escrow.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Atlanta History of Retail Space for Sale

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    Cumming Area Market Trends

    Listing Demographics for 560 Atlanta Road Cumming, GA 30040

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 560 Atlanta Road in Cumming?
    The asking price for 560 Atlanta Road is $1,101,066
    What is the building size of this Retail property in Cumming, GA?
    The size of the building/unit at 560 Atlanta Road in Cumming is 2,494 square feet
    How much land does the Cumming, GA property at 560 Atlanta Road include?
    560 Atlanta Road in Cumming includes 1.000 acres of land
    What kind of Retail is the property at 560 Atlanta Road?
    The property at 560 Atlanta Road Cumming, GA 30040 is listed as a Food Service Retail property
    What is the population within 1 mile of 560 Atlanta Road in Cumming?
    The population within 1 mile of 560 Atlanta Road Cumming, GA 30040 is 4,612 people.
    Who do I contact for questions about 560 Atlanta Road?
    You should contact the listing agent, Andrew Jaworski, for any details regarding this commercial listing.

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