Current Use by Public Records
- Gracie Barra South Forsyth / Training Center / Sports School
- Prime Combat Sports / Training Center / Sports School
- Alpha One Mobility / Medical Supply Store
- Apollo Spine and Pain Center / Physician
- Georgia Medical Clinic / Medical Clinic
Property Details for 4415 Front Nine Dr
- Year built
- 2008
- Lot size
- 1.67 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 13,502 square foot retail center in Cumming, Georgia, presents a compelling investment opportunity. Boasting a 100% occupancy rate with six diverse tenants including a veterinary hospital, fitness center, and nail salon, this property generates a substantial net operating income (NOI) of $225,388, yielding a 6.83% cap rate. The asking price is $3,300,000, translating to $244.41 per square foot. Built in 2008, this multi-tenant property sits on a 1.67-acre lot at 4415 Front Nine Drive, enjoying a prime location at the entrance to the prestigious Windermere Country Club. The property benefits from excellent visibility due to large signage and is surrounded by affluent residential areas, with an average household income exceeding $201,209 within a one-mile radius. Its convenient proximity to GA400 further enhances its appeal. This investment offers a secure and high-performing asset in a thriving, affluent community. The strong tenant mix and high occupancy ensure a stable and predictable income stream, making this a truly attractive opportunity for discerning investors. The property's location and tenant profile contribute to its exceptional value and potential for long-term growth.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cumming
- County
- Forsyth
- State
- Georgia
- Longitude
- -84.1258
- Latitude
- 34.1347
