100 Colony Park Dr Cumming, GA 30040

Property Details for 100 Colony Park Dr

Year built

1997

Lot size

1.41 lot acres

Property size

17,280 SF

Zone code

HB

Property type

Banks

APN

C29 001

APU

C29001

Description

This exceptional 18,000 square foot Class B office building, located at 100 Colony Park Drive in Cumming, Georgia (zip code 30040), presents a compelling investment opportunity. Priced at $3,495,500 ($194.19/sq ft), the property features a multi-tenant configuration with a modified lease type. Currently, two-thirds of the building is leased, with the first floor available for immediate occupancy. The 1.41-acre lot provides ample surface parking for tenants and visitors. Building amenities include elevator access and the potential for prominent monument signage. Situated in Forsyth County, a rapidly growing area with upscale demographics, this location benefits from excellent visibility and accessibility. Its proximity to GA 400 (Exit 14) and Northside Hospital Forsyth enhances its appeal. The area is experiencing significant economic expansion, with major developments like The Gathering at South Forsyth, a $2 billion arena project, located just 15 minutes away. This property offers a blend of immediate income potential and long-term growth prospects in a thriving market. The building's strategic location and desirable features make it an ideal investment for discerning buyers seeking a strong return on investment in a high-growth area.

Location Insight

City

Cumming

County

Forsyth

State

Georgia

Longitude

-84.1348

Latitude

34.1942

CBSA code

12060

CBSA name

ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments