Shopping Strip
Marketplace Shops
914 Market Pl Blvd, Cumming, GA 30041
Listing Price: $6,950,000
Cap Rate
6.14%
Gross SF
8,830
Rentable SF
8,830
Price/Gross SF
$787.09
Lot Size
1.25 acres
Year Built
2016
Investment Overview
Marcus & Millichap is pleased to present for sale Marketplace Shops located in Cumming, GA.
Marketplace Shops
Investment Highlights
- Class-A Construction Multi-Tenant Retail Offering
- Located in Affluent Atlanta Suburb | Over $100k Household Incomes | High Growth
- Outparcel to Home Depot and Walmart Anchored Power Center | Highly Visible Location
- Verizon (Corporate Guaranty); StretchLab (Personal Guaranty); Dentist Office (Personal Guaranty)
- Weighted Average Lease Term (WALT) = 7.7 Years
- Verizon Has Waived Right To Early Termination | Suggesting Successful Store and Commitment to the Location
- Attractive Rent Growth | 6.77% CAP Rate in Year-5
- Cumming, GA is the County Seat of Forsyth County
Listing Price: $6,950,000
Cap Rate
6.14%
Gross SF
8,830
Rentable SF
8,830
Price/Gross SF
$787.09
Lot Size
1.25 acres
Year Built
2016
Investment Highlights
- Class-A Construction Multi-Tenant Retail Offering
- Located in Affluent Atlanta Suburb | Over $100k Household Incomes | High Growth
- Outparcel to Home Depot and Walmart Anchored Power Center | Highly Visible Location
- Verizon (Corporate Guaranty); StretchLab (Personal Guaranty); Dentist Office (Personal Guaranty)
- Weighted Average Lease Term (WALT) = 7.7 Years
- Verizon Has Waived Right To Early Termination | Suggesting Successful Store and Commitment to the Location
- Attractive Rent Growth | 6.77% CAP Rate in Year-5
- Cumming, GA is the County Seat of Forsyth County
Investment Overview
Marcus & Millichap is pleased to present for sale Marketplace Shops located in Cumming, GA.
