6190 PARKWAY NORTH Drive, Cumming, GA 30040
4.7 acres with 7500 sqft building in industrial park.
- Added:
- Jul 13, 2024
- Days on Market:
- 726
- Last Refresh:
- Jun 23 at 4:21 am
Property Features for 6190 PARKWAY NORTH Drive
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 4.70 Acres
- Property subtype
- Industrial, Retail
Building Details
- Year Built
- 2005
Listing office Chapman Hall Professionals
Listing date Jul 13, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Chapman Hall Professionals
HighLights
- 4.7 acres of land in south Forsyth county
- 7500 sqft building suitable for retail, warehouse, or auto shop
- Currently operated as an indoor gun range and retail store
- Includes retail area, private office with 1/2 bath, public restrooms, and classroom/conference room
- Large cleared area for storage or additional building
- Located at the back of an industrial park
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $164.7k | $21.96 |
| − Vacancy | −$14.0k | −$1.87 |
| EGI | $150.7k | $20.09 |
| − OpEx | −$45.2k | −$6.03 |
| NOI | $105.5k | $14.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.1873309
- Latitude
- 34.1668785