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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.

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

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Shopping Strip

Marketplace Shops

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.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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