This Retail Property is no longer advertised on LoopNet.com.
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
LINKS
PROPERTY TAXES
Parcel Number | C16-001 | Improvements Assessment | $656,640 |
Land Assessment | $164,160 | Total Assessment | $820,800 |
Listing ID: 20225369
Date on Market: 7/9/2020
Last Updated:
Address: 108 Canton Rd, Cumming, GA 30040
The Retail Property at 108 Canton Rd, Cumming, GA 30040 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.