6700 Shady Grove Road, Cumming, GA 30041
- $1,272,000
- 3
- BD
- 1
- BA
- List Price
- $1,272,000
- MLS#
- 7639558
- Status
- ACTIVE
- Type
- Land
- Subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 1
- Subdivision
- N/A
Property Description
100% Fully leased - Income Producing. Tenant is a medical/wellness user. Lease Start Date is 1/1/2026. The lease is for 60 months. The average NOI is $82,773.00. 3% annual escalations on the base rent. Tenant pays CAM Fee : $8,503.00 annually. CAM includes - trash, fire and replacement insurance, lawn care maintenance, parking lot maintenance. The Landlord pays the taxes. 2025 Taxes: $5,382.00. There are 2 buildings on 1 +- Acres that is zoned NS Commercial. Both buildings are fully leased by the same tenant. The farm house has been fully restored and is in excellent conditions. The 2nd building is 1,000 +- SF and is new construction. Both buildings have their own addresses. The Farmhouse address is 6700 Shady Grove Rd and the New Construction building is 6840 Heard Rd. Both Buildings are on the same parcel- parcel #: 273 005. Both buildings have their own parking lot and driveways. Monument Sign fronting Shady Grove Rd. Road Dual Road Frontage: approx. 165 feet. Located in North west Forsyth. Survey, Floorplans, and virtual tour of the Farmhouse is available. Do not disturb the tenant in place. Showings are by confirmed appointment only with the listing agent present, no exceptions.
Additional Information
- Style
- Farmhouse
- Stories
- Two
- Year Built
- 1926
- Neighborhood Amenities
- None
- Lot Dimensions
- x0
- Lot Desc
- Other
- Elementary School
- Forsyth - Other
- Middle School
- Forsyth - Other
- High School
- Forsyth - Other
- Acres
- 1
- Levels
- Two
- Taxes
- $2,317
Listing courtesy of Bagley Commercial Properties.
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