Shopping Strip
Paradise Shoppes of Hammond Crossing
3280 Keith Bridge Rd, Cumming, GA 30041
Listing Price: $2,700,000
Investment Overview
Paradise Shoppes of Hammond Crossing is a 8,340 square foot, four tenant neighborhood retail center located in Cumming, GA. The property features street grade, direct visibility from Keith Bridge Road and Browns Bridge road - a major regional thoroughfare with intersection traffic counts estimated at 45k daily. Multiple points of ingress and egress are available from both Keith Bridge Road and Browns Bridge Road.
The subject property is 100% leased and features four tenants on fully NNN leases that include management fee reimbursement. Tenants are paying modest and highly replaceable rents that range from $17-$24/sf. Both Moe’s SW Grill and Fuku Asian Bistro have dedicated patio space for their respective end cap unit.
The region surrounding the property is categorized as an ultra-high growth area lying just northeast of Atlanta and along the GA-400 corridor, within the heart of Forsyth county – the #1 ranked county for families in the U.S. for 2023 according to Niche.com. The immediate area surrounding the property is rapidly growing as evidenced by road widening and the influx of national retailers. The property is adjacent to Lanier Commons Publix grocery anchored center as well as many other national retailers.
Paradise Shoppes of Hammond Crossing
Investment Highlights
- Class A 8,340 SF Neighborhood Strip Center in Desirable Atlanta MSA Submarket - Low Price Point
- Four Suites - 100% Leased | Ease of Management | 2007 Construction with New Roof in 2019
- NNN Leases Allow for Full Reimbursement Including Management Fees | Utilities Separately Metered
- Excellent Visibility & Curb Appeal with Multiple Access Points | 1.4 Acre Parcel | 7.3 Parking Ratio
- High Growth Affluent Atlanta Suburb | 1-Mile Average Household Income Over $119k
- Forsyth County Ranks as #1 Best Counties for Families in America - 2023 Niche.com
- Signalized Intersection with Over 45,000 APD | Keith Bridge Road Widening to Four Lanes
- Adjacent to Lanier Commons Publix Anchored Shopping Center and other National Retailers
Exclusively Listed By
Listing Price: $2,700,000
Investment Highlights
- Class A 8,340 SF Neighborhood Strip Center in Desirable Atlanta MSA Submarket - Low Price Point
- Four Suites - 100% Leased | Ease of Management | 2007 Construction with New Roof in 2019
- NNN Leases Allow for Full Reimbursement Including Management Fees | Utilities Separately Metered
- Excellent Visibility & Curb Appeal with Multiple Access Points | 1.4 Acre Parcel | 7.3 Parking Ratio
- High Growth Affluent Atlanta Suburb | 1-Mile Average Household Income Over $119k
- Forsyth County Ranks as #1 Best Counties for Families in America - 2023 Niche.com
- Signalized Intersection with Over 45,000 APD | Keith Bridge Road Widening to Four Lanes
- Adjacent to Lanier Commons Publix Anchored Shopping Center and other National Retailers
Investment Overview
Paradise Shoppes of Hammond Crossing is a 8,340 square foot, four tenant neighborhood retail center located in Cumming, GA. The property features street grade, direct visibility from Keith Bridge Road and Browns Bridge road - a major regional thoroughfare with intersection traffic counts estimated at 45k daily. Multiple points of ingress and egress are available from both Keith Bridge Road and Browns Bridge Road. The subject property is 100% leased and features four tenants on fully NNN leases that include management fee reimbursement. Tenants are paying modest and highly replaceable rents that range from $17-$24/sf. Both Moe’s SW Grill and Fuku Asian Bistro have dedicated patio space for their respective end cap unit. The region surrounding the property is categorized as an ultra-high growth area lying just northeast of Atlanta and along the GA-400 corridor, within the heart of Forsyth county – the #1 ranked county for families in the U.S. for 2023 according to Niche.com. The immediate area surrounding the property is rapidly growing as evidenced by road widening and the influx of national retailers. The property is adjacent to Lanier Commons Publix grocery anchored center as well as many other national retailers.
Exclusively Listed By
