Property profile

655 Atlanta Hwy Cumming, GA 30040

FOR LEASE
Community centers
Property ID
US22-1460530
111,194 SF 13.53 ac lot Built 1989
Entity Owned 13-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard
655 Atlanta Hwy, Cumming, GA 30040 For Lease
Contact for pricing
655 Atlanta Hwy, Cumming, GA 30040
View Listing →

Property summary

AI-generated overview

Lanier Crossing Shopping Center offers exceptional retail opportunities in Forsyth County, Georgia. This multi-tenant property boasts a total of 110,002 square feet and currently has two available spaces, ranging from 1,540 to 4,184 square feet, perfect for a variety of businesses. The center enjoys a prime location near Northside Hospital-Forsyth, a significant medical facility with 78 beds, 300 physicians, and 800 employees, providing a substantial built-in customer base. Its strategic positioning also benefits from high traffic counts, with 29,600 vehicles daily passing on Buford Highway. The property offers convenient access via Atlanta Highway and multiple access points on Veterans Memorial Boulevard, ensuring high visibility and easy accessibility for customers. This established shopping center presents a unique chance to establish or expand your business in a thriving community with strong demographics and excellent infrastructure. The available spaces are adaptable and suitable for a range of retail uses, including barber shops, insurance agencies, health services, and other similar businesses. This is an exceptional opportunity to secure a prominent retail presence in a high-traffic area with a strong anchor tenant. Contact us today to learn more about these available spaces and secure your place in this successful shopping center.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1989
Total area 111,194 SF
Lot 13.53 ac (589,367 SF)
Zoning code NS
APN C19 003
UPID US22-1460530

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Dental Office
  • Mobile Phone Store Electronics & Wireless Store
  • Medical Clinic
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

655 Atlanta Hwy Cumming, GA 30040
Cumming metro Census 130410 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$13.86M

Owner & transaction history

since 2013
5 recorded transactions
2013
$105,750
2013
Price N/A
2000
$7.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

NS · Cumming, GA
Zoning description

District is intended to provide areas for limited, small-scale commercial uses of a convenience nature serving nearby residential neighborhoods as opposed to a regional market

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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