Cumming, GA - Q Korean BBQ
$2,665,000
872 Buford Rd, Cumming, GA 30041
6.75
Cap Rate
180,000
NOI
Details:
Description:
• The current tenant, Q Korean BBQ, currently has over 3 years remaining on their initial lease with no options to extend
• Commercial primary land use gives the Landlord flexibility if they elect to redevelop the site
• Potential retail/commercial redevelopment
• The subject property is an outparcel to Cumming Marketplace, a 708,000+ SF shopping center that is anchored by Lowe’s, Chili’s, Chipotle, and more
• The site is located next to the interchange of U.S. Hwy 19 and Buford Rd, which combined average 110,000 vehicles passing by daily
• Other nearby national/credit tenants include Target, Big Lots, Pubix, Hobby Lobby, Old Navy and more
• Furthermore, the asset is right across the street from Northside Hospital Forsyth (407 beds), further increasing consumer traffic to the trade area
Location
Gallery
