Huddle House | 501 Lakeland Plz
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Huddle House 501 Lakeland Plz
2,102 SF Retail Building Cumming, GA 30040 $1,025,000 ($487.63/SF)
EXECUTIVE SUMMARY
ABOUT 501 BUFORD RD , CUMMING, GA 30040
This Huddle House Property is located at 501 Buford Road in Cumming, Georgia. Cumming is the county seat of Forsyth County and part of the Atlanta Metropolitan Area.
SURROUNDING RETAIL & POINTS OF INTEREST
The subject property is well-positioned on Buford Road and is surrounded by many major national and local tenants. Major national tenants include: Walmart, Home Depot, Lowes, Staples, Best Buy, Publix, Target, Dollar Tree, Hobby Lobby, Belk, Office Max, McDonald’s, Burger King, Chick-fil-A, and many more. There are also multiple accommodations in the area, including: InTown Suites, Hampton Inn and Comfort Inn. This Huddle House is also located one mile from Northside Hospital Forsyth, a 304-bed hospital that employs more than 3,000 people and has distinguished itself among the very best maternity and newborn hospitals in the country.
TRAFFIC COUNTS & DEMOGRAPHICS
There are 37,002 individuals residing within a three-mile radius and 95,704 individuals within a five-mile radius of the subject property. This Huddle House is located on Buford Road, which experiences an average traffic count exceeding 38,810 vehicles per day. The subject property is also moments away from an exit for Georgia 400, which brings an additional 64,100 vehicles to the immediate area per day. Additionally, the subject property is located in a very wealthy suburban area.
The building is a stand-alone property with great visibility, located adjacent to many national and international retailers on a well-traveled major road. It was fully remodeled in 2020, featuring the new Evolution design, a new roof, water heater, 35-ton HVAC, and new equipment. The building is 2,102 square feet on a 13,504-square-foot lot.
Pricing Options:
If the buyer wishes to maintain the Huddle House franchise, the building is available for sale at $1,025,000.
If the buyer prefers to change the restaurant concept, the price will increase by $145,000 to cover the early termination penalty with Huddle House.
This Huddle House Property is located at 501 Buford Road in Cumming, Georgia. Cumming is the county seat of Forsyth County and part of the Atlanta Metropolitan Area.
SURROUNDING RETAIL & POINTS OF INTEREST
The subject property is well-positioned on Buford Road and is surrounded by many major national and local tenants. Major national tenants include: Walmart, Home Depot, Lowes, Staples, Best Buy, Publix, Target, Dollar Tree, Hobby Lobby, Belk, Office Max, McDonald’s, Burger King, Chick-fil-A, and many more. There are also multiple accommodations in the area, including: InTown Suites, Hampton Inn and Comfort Inn. This Huddle House is also located one mile from Northside Hospital Forsyth, a 304-bed hospital that employs more than 3,000 people and has distinguished itself among the very best maternity and newborn hospitals in the country.
TRAFFIC COUNTS & DEMOGRAPHICS
There are 37,002 individuals residing within a three-mile radius and 95,704 individuals within a five-mile radius of the subject property. This Huddle House is located on Buford Road, which experiences an average traffic count exceeding 38,810 vehicles per day. The subject property is also moments away from an exit for Georgia 400, which brings an additional 64,100 vehicles to the immediate area per day. Additionally, the subject property is located in a very wealthy suburban area.
The building is a stand-alone property with great visibility, located adjacent to many national and international retailers on a well-traveled major road. It was fully remodeled in 2020, featuring the new Evolution design, a new roof, water heater, 35-ton HVAC, and new equipment. The building is 2,102 square feet on a 13,504-square-foot lot.
Pricing Options:
If the buyer wishes to maintain the Huddle House franchise, the building is available for sale at $1,025,000.
If the buyer prefers to change the restaurant concept, the price will increase by $145,000 to cover the early termination penalty with Huddle House.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,102 SF
Building Class
C
Year Built
1976
Price
$1,025,000
Price Per SF
$487.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.31 AC
Zoning
CBD
Parking
20 Spaces (9.51 Spaces per 1,000 SF Leased)
Frontage
163’ on Buford Hwy
AMENITIES
- 24 Hour Access
- Restaurant
- Signage
- Signalized Intersection
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | C20-034 | Improvements Assessment | $77,684 |
| Land Assessment | $93,000 | Total Assessment | $170,684 |
PROPERTY TAXES
Parcel Number
C20-034
Land Assessment
$93,000
Improvements Assessment
$77,684
Total Assessment
$170,684
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Huddle House | 501 Lakeland Plz
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