Retail Space Near
For Sale
Contact for pricing
1249 buford Road #1249, Cumming, GA 30041
The existing lease has three years remaining, and the premises are available for sublease.
Property Size2,007 SF
Days on Market8
Property Features for 1249 buford Road #1249
General Information
Standard status
Active
Size
2,007 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
0.69 acres, Interior Lot
Composition
Public Sewer
Parcel Number: 173 045
Concrete
Central Air
Central, Forced Air, Natural Gas
Listing ID: 10875743, Standard Status: Active, MLS Status: New, On market as of 2026-10-19, 5 days on market
4 total parking spaces, Parking Lot
Built in 2007, Construction Materials: Concrete
County/Parish: Forsyth
Resale
Water Source: Public
Water Body Name: NONE
Closed Circuit Cameras, Fire Sprinkler System
Other equipment: Fixtures, Furniture
Building Details
Building Size
2,007 SF
Year Built
2007
Listing Agency:
Homesouth Residential Inc
(678) 580-2505
Listed By:
Mark R Bradley · License #242052
(404) 226-0659
Source:
Blackstreaminternational
Added: Oct 19
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homesouth Residential Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant retail space was built in 2007 and is being offered through a sublease. Three years remain on the existing lease. The prior tenant relocated to a larger space.
The property backs up to Northside Hospital.
The property backs up to Northside Hospital.
Key Highlights
- Retail premises built in 2007
- Three years remain on the existing lease
- Vacant space offered for sublease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,229
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,580
$564.6K
Cap Rate 7%
$403,271
$403.3K
Cap Rate 9%
$313,656
$313.7K
Market Conditions
NOI Build-Up for 2,007 SF
Gross rent
$44.1K $21.96/SF
− Vacancy
−$3.7K −$1.87/SF
EGI
$40.3K $20.09/SF
− OpEx
−$12.1K −$6.03/SF
NOI
$28.2K $14.07/SF
Area
Forsyth County, GA
Vacancy
8.50%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$564,580
Cap Rate 7%
$403,271
Cap Rate 9%
$313,656
Alternative Uses
Best Use
Retail
$403.3K
$352.9K – $470.5K
NOI $28,229 @ 7.0% cap · market cap 1,344.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$561.0K
$490.9K – $654.5K
NOI $39,272 @ 7.0% cap · market cap 1,870.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
104k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 64%
Dining 27%
Shops & Services 10%
The Home Depot
Home Improvements & Furnishings
56,646 visits/mo
0.5 miles
Steak 'n Shake
Dining
13,772 visits/mo
0.4 miles
Floor & Decor
Home Improvements & Furnishings
7,429 visits/mo
0.2 miles
Buffalo's Southwest Cafe
Dining
6,137 visits/mo
0.1 miles
Truist
Shops & Services
4,430 visits/mo
0.1 miles
Demographics for 30041, GA
72,489
Population
27,027
Households
2.7
Avg Household Size
40
Median Age
60%
College-Educated
95%
High-School Grad
59.7 sq mi
ZIP Area
1,214
Density / Sq Mi
$141,825
Median Household Income
$69,096
Median Earnings
$1,862
Median Rent
$522,900
Median Home Value
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - The existing lease has three years remaining, and the premises are available for sublease.
Where is this retail space located?
The property is located at 1249 buford Road #1249 Cumming, GA.
What are key features of this property?
This property features: Retail premises built in 2007; Three years remain on the existing lease; Vacant space offered for sublease
