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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.
Month | Payment | Principal | Interest | Total Interest | Balance |
---|---|---|---|---|---|
$0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
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.
Total Population | 4,612 | 37,920 | 102,086 | |
Population Median Age | 39 | 38 | 37 | |
Population by Age | 0-9 Yrs | 528 (11%) | 4907 (12%) | 14462 (14%) |
10-19 Yrs | 495 (10%) | 5193 (13%) | 15016 (14%) | |
20-29 Yrs | 697 (15%) | 4349 (11%) | 10112 (9%) | |
30-39 Yrs | 595 (12%) | 5327 (14%) | 13894 (13%) | |
40-49 Yrs | 702 (15%) | 5938 (15%) | 17254 (16%) | |
50-59 Yrs | 659 (14%) | 4730 (12%) | 12932 (12%) | |
60-69 Yrs | 452 (9%) | 3663 (9%) | 9667 (9%) | |
70+ Yrs | 484 (10%) | 3812 (10%) | 8749 (8%) | |
Median HH Income | $64,578 | $87,398 | $101,952 | |
Total Household Income | < 24K | 363 (19%) | 1649 (11%) | 3273 (9%) |
25-49K | 433 (23%) | 2329 (16%) | 4854 (13%) | |
50-74K | 253 (13%) | 1936 (14%) | 4779 (13%) | |
75-99K | 227 (12%) | 1952 (14%) | 4381 (12%) | |
100-199K | 460 (24%) | 4213 (30%) | 12026 (34%) | |
200K+ | 121 (6%) | 1686 (12%) | 5912 (16%) | |
Highest Education Level | No Diploma | 299 | 2137 | 4859 |
Diploma or GED | 557 | 4473 | 10314 | |
Some College | 634 | 4908 | 11530 | |
Assoc. Degree | 255 | 1993 | 4816 | |
Bachelors Degree | 1002 | 8184 | 23491 | |
Higher Degree | 430 | 3992 | 12263 | |
Total Housing Units | 1,908 | 14,461 | 37,289 | |
--Owner-Occupied | 979 | 10,184 | 28,509 | |
--Renter-Occupied | 878 | 3,581 | 6,717 | |
Owner-Occupied Values | < 100K | 46 | 292 | 727 |
100-199K | 296 | 1732 | 3833 | |
200-299K | 318 | 3483 | 7521 | |
300-399K | 207 | 2642 | 7510 | |
400-499K | 85 | 1060 | 4465 | |
500K+ | 28 | 975 | 4452 | |
Total Working Age Population | 3,801 | 29,694 | 77,753 | |
In Work Force | 2,497 | 20,321 | 53,214 | |
Not In Work Force | 1,303 | 9,373 | 24,539 | |
Workforce Employed | 2,350 | 19,501 | 51,199 | |
Workforce Unemployed | 148 | 820 | 1,987 | |
Civlian Workforce | 2,497 | 20,321 | 53,186 | |
Military Workforce | 0 | 0 | 28 | |
Total Households | 1,857 | 13,765 | 35,226 | |
Family Households | 997 | 10,015 | 27,516 | |
Non-Family Households | 860 | 3,750 | 7,710 | |
Married Couple | 818 | 8,447 | 23,700 | |
Other Family | 178 | 1,569 | 3,817 | |
Married w/Child | 457 | 4,261 | 12,603 | |
Single Male w/Child | 26 | 258 | 675 | |
Single Female w/Child | 101 | 702 | 1,489 |
Population Change Last Two Decades - Plus Projection
2000 | % | 2010 | % | 2020 | % | 2030 | |
---|---|---|---|---|---|---|---|
Georgia | 8,186,453 | +18 | 9,687,653 | +12 | 10,833,472 | +13 | 12,292,423 |
Forsyth County | 98,407 | +78 | 175,511 | +44 | 252,507 | +35 | 341,646 |
Fulton County | 816,006 | +13 | 920,581 | +19 | 1,099,181 | +18 | 1,300,861 |
Gwinnett County | 588,448 | +37 | 805,321 | +21 | 971,145 | +21 | 1,175,358 |
Hall County | 139,277 | +29 | 179,684 | +15 | 206,349 | +13 | 232,775 |