514 Maple St Cumming, GA 30040-2420

Property Details for 514 Maple St

Lot size

1.93 lot acres

Zone code

OP

Property type

Office buildings

APN

C08 118

APU

C08118

Description

This exceptional value-add investment opportunity presents a Class A, multi-tenant office park ideally situated in Cumming, Georgia (Forsyth County, zip code 30040). The property, located at 514 West Maple Street, comprises six buildings totaling 44,000 square feet and features 20 individual units. Constructed in 2019, the buildings are situated on a larger parcel with five additional pad sites, offering significant potential for future expansion. Currently boasting a 97.5% occupancy rate, the property generates a substantial net operating income (NOI) of $563,812, resulting in an attractive 6.26% capitalization rate. The asking price is $9,000,000, translating to $204.55 per square foot. The property is zoned for Office Professional use and is well-suited for research and development (R&D) and professional office tenants. This prime location in the thriving Atlanta area offers strong potential for continued growth and stable returns, making it an ideal addition to any discerning investor's portfolio. The property's modern design and high occupancy rate underscore its inherent value and potential for long-term appreciation. This is a rare opportunity to acquire a well-maintained, high-performing asset in a desirable market.