Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1240 Buford Hwy Cumming, GA 30041

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    High-visibility retail space in Cumming, GA

    Lot size:
    10,160 SF

    Property Features for 1240 Buford Hwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,160 SF

    Spaces For Lease

    at 1240 Buford Hwy, Cumming, GA 30041 Contact us

    We can help!

    Listing Contact
    Kim Moore

    Listing Agency: Skyline Seven Real Estate Listing Agent: Kim Moore

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail property, located at 1240 Buford Highway in Cumming, Georgia (zip code 30041), offers 10,160 square feet of commercial space within Forsyth County. Currently, 4,200 square feet is available for lease, divisible into units of at least 2,100 square feet. The maximum contiguous space available is 2,100 square feet, making it ideal for a variety of retail businesses. The property boasts a prime location on Buford Highway (Highway 20), ensuring excellent visibility and accessibility for potential customers. This high-traffic area provides significant exposure for businesses seeking a strong foothold in the Cumming market. The property's multiple tenancy structure allows for flexibility and potential for synergistic businesses to co-locate. This is a fantastic opportunity for businesses seeking a well-located, visible, and readily divisible retail space in a thriving Georgia community. The property is situated at 34.2000834 latitude and -84.0907246 longitude. Serious inquiries are encouraged to explore this promising retail leasing opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coco's Cuban Restaurant Restaurant World Cleaners (Bike/Boat/Book/etc) Store Riverwood Properties Real Estate Agency Flower Jazz inc (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Big Box & Wholesale Store Dental Office Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cumming
    County
    Forsyth
    State
    Georgia
    Longitude
    -84.0907246
    Latitude
    34.2000834

    Nearby Similar for Lease

    • $2,500 /Mo
      57,064 SF

      Commercial Property Near Dahlonega Highway

      3200 SF commercial space with basement near Dahlonega Highway.
      6690 Dahlonega Hwy, Cumming, GA 30028
      View Details
    • $3,000 /Mo
      12,260 SF

      Retail/Office Space in Cumming, GA

      Versatile space suitable for retail or commercial use in Cumming.
      3915 Towne Club Pkwy, Cumming, GA 30041
      View Details
    • $2,100 /Mo
      1,154 SF

      Renovated Office Suite in Cumming

      Well-maintained office suite in a prime Cumming location.
      6045 Southard Trce, Cumming, GA 30040
      View Details
    • $26 SF/Yr
      8,054 SF

      Medical/Office Space For Lease

      Medical/Office space available in Cumming, GA, near hospitals.
      979 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • $27 SF/Yr
      141,042 SF

      Forsyth Office Building For Rent

      141,042 SF office building with dining and retail access.
      410 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,138 SF

      Retail Space in Cumming, GA

      Retail space available for lease in Cumming, Georgia.
      985 Market Place Blvd, Cumming, GA 30041
      View Details
    • Contact for pricing
      2,400 SF

      Former QSR with Drive-Thru

      2,400 SF former QSR with drive-thru available for rent.
      345 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      3,900 SF

      Cumming Retail Space For Lease

      Retail space available in Cumming Marketplace shopping center.
      900-911 Market Place Blvd, Cumming, GA 30041
      View Details
    • $14 SF/Yr
      4,590 SF

      Prime Cumming Office Space

      2,400 SF Office Suite Available Now
      407 Maple St, Cumming, GA 30040
      View Details
    • Contact for pricing
      36,360 SF

      Sharon Promenade Retail Space

      Cumming, GA: Prime Retail Opportunity
      1465-1485 Peachtree Pkwy, Cumming, GA 30041
      View Details
    • Contact for pricing
      62,264 SF

      Vickery Village: Prime Office Space

      Class A Office, Retail & Restaurant Space
      5855 Vickery St, Cumming, GA 30040
      View Details
    • $13 SF/Yr
      1,100 SF

      Olde Towne Retail Suite D

      Downtown Cumming retail space, 1,100 sq ft.
      216 Atlanta Rd, Cumming, GA 30040
      View Details

    FAQs

    What type of property is this?
    Retail property - High-visibility retail space in Cumming, GA
    Where is this retail property located?
    The property is located at 1240 Buford Hwy Cumming, GA.
    What are key features of this property?
    This property features: 10,160 SF retail space available for lease in Cumming, GA (30041), Forsyth County. 4,200 SF currently available, divisible to 2,100 SF minimum.; End-cap space in a neighborhood retail center on Buford Hwy (GA-20), offering excellent visibility and access to over 35,000 vehicles per day (VPD).; High-traffic location with signalized intersection access, ideal for new or expanding businesses. Drive-thru/pick-up window opportunity.
    Request Owner's contact information
    1240 Buford Hwy Cumming, GA 30041
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1240 Buford Hwy
    Cumming, GA 30041
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1240 Buford Hwy Cumming, GA 30041
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Kim Moore
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!