REIT Sale | Former Pizza Hut | North Atlanta | $166K Avg HH Income | 9% Population Growth | Grocer Outparcel

Highlights:

• Freestanding Former Pizza Hut within Affluent Area of Atlanta MSA
• 9% Population Growth from 2020-2024 and 16.2% Growth Projected from 2024-2029 (5-mile radius)
• High Traffic Corridor less than 1-Block from GA-20 (31,400 VPD) and 1/3-Mile from GA-400/GA-20 interchange with 86,700 VPD
• Nearby Nationals: Sprouts Supermarket (shadow anchor), Kohl’s, BJ’s, CVS, Ross, Harbor Freight, Publix, Hobby Lobby, Target, LA Fitness, HomeGoods, Best Buy, Dick’s Sporting Goods, Old Navy
• Prime Casual Dining Hub featuring Top National Brands like Whataburger, McDonald’s, Texas Roadhouse, Chick-fil-A, Cracker Barrel, Burger King, Wendy’s, Applebee’s Attracting High Foot Traffic and Consistent Demand
• Affluent Demographics with Average Household Income of $166,504 and Population of ±124,358 (5-Mile)

Description:

Ri Marketplace Online Auction November 17th-19th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2827/reit-sale-former-pizza-hut-north-atlanta-166k-avg-hh-income-9-population-growth-grocer-outparcel?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2827

Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, second-generation restaurant/retail building located within the Atlanta metropolitan area at 670 Atlanta Road in Cumming, GA 30040 (the “Property”). Previously occupied by Pizza Hut, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a highly visible asset in a desirable and expanding suburban submarket at a compelling basis.

Built in 2002, the Property comprises a ±2,994-square-foot, single-story retail/restaurant building situated on a ±0.798-acre parcel (±34,762 SF) with ±37 surface parking spaces. The building is positioned on a signalized hard corner with two points of ingress/egress and ±110 feet of frontage along Atlanta Road/GA-9, which experiences traffic counts of approximately ±13,500 vehicles per day (VPD). Previously leased on a triple-net (NNN) basis, the Property represents a compelling value-add leasing opportunity,with CoStar-estimated rents ranging from $24 to $29/SF NNN. Zoned NS, Neighborhood Shopping District, the Property permits a broad range of commercial uses, offering flexibility for a variety of retail, restaurant, service-oriented, or commercial redevelopment strategies.

The Property is located within Cumming, GA in Forsyth County, a rapidly growing and highly desirable retail corridor within the Atlanta metropolitan area, approximately ±40 miles north of Downtown Atlanta. Cumming serves as the commercial and civic hub of Forsyth County, one of Georgia’s fastest-growing and most affluent counties, benefiting from exceptional regional connectivity via GA-400/US-19, which links directly to Alpharetta, Roswell, and the broader Metro Atlanta region. Strategically positioned along GA-9/Atlanta Road, less than a block away from the intersection with GA-20 (31,400 VPD) and less than ±0.5 miles from the GA-400/GA-20 interchange (86,700 VPD), the Property enjoys excellent visibility and accessibility in the heart of Forsyth County’s primary commercial corridor. The site sits at the entrance to a major shopping center anchored by Sprouts Farmers Market and Belk, with Chick fil-A and McDonald’s neighboring and KFC located across the street. Featuring a drive-thru permit, the Property offers strong adaptability for restaurant or quick-service operators seeking frontage, access, and traffic exposure. The surrounding corridor features a robust mix of national retailers and service providers including Publix, Walmart, Home Depot, Lowe’s, Kohl’s, and Target, collectively driving consistent daily consumer traffic. The Property also benefits from proximity to Northside Hospital Forsyth (±389 beds), a regional healthcare anchor and major employment center, and Downtown Cumming, which continues to grow as a vibrant civic, dining, and retail destination. Forsyth County remains one of Georgia’s top-performing suburban markets, supported by exceptional demographics with nearly 50,000 residents within a 3-mi radius and more than 124,000 residents within 5-mi, with an average household income (AHHI) exceeding $166,500. This combination of affluence, rapid growth, and limited commercial supply underpins strong consumer demand and long-term stability, positioning the Property as a prime opportunity for retail, restaurant or service-oriented users within one of Metro Atlanta’s most dynamic suburbs.


Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: