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108 Canton Rd
Cumming, GA 30040

Dark STNL Ameris Retail Bank Branch (Atlanta · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Starting Bid: $1,300,000
  • Dark bank building with drive-thru | Currently vacant but continually maintained & operated by Ameris Bank
  • Solid market fundamentals | Growing and affluent area w/ AHHI exceeding $126,000 within five miles
  • Bid Online: 8/24 – 8/26
  • Corporate guaranteed BBB+ credit with long-term modified net lease through 2/2028 | Stable income with NOI $337K and 2.5% annual escalations
  • Minimal LL responsibilities | Significant value-add potential through repositioning

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
8,350 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.44 AC
Zoning
OP
Parking
51 Spaces (6.1 Spaces per 1,000 SF Leased)

AMENITIES

  • Drive Thru

PROPERTY TAXES

  • Listing ID: 20225369

  • Date on Market: 7/9/2020

  • Last Updated:

  • Address: 108 Canton Rd, Cumming, GA 30040