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28140503
28140518

6700 Shady Grove Rd, Cumming, GA 30041

DS
GA 364034
Bagley Commercial Properties
Listed by Bagley Commercial Properties
$1,272,000
210 days on market
Updated 7 days ago

6700 Shady Grove Rd

Details
APN 273 005
Property Type Office
Sub Type Creative Office, Medical Office (+1)
Cap Rate 6.50%
NOI $82,773
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 5
Lease Expiration 12/31/2030
Remaining Term 4.6
Rent Bumps Yes
Broker Co-Op Yes
Class B
Buildings 2
Stories 2
Acreage 1.000
Zoning NS
Investment Type Stabilized
Lease Commencement 01/01/2026

2 Commercial buildings for sale on 1 +- Acre!

Marketing description

100 % Leased to a medical/wellness tenant with multiple locations. Lease Start Date: 1/1/2026. 60 month lease. 3% annual base rate escalations. Average 5 year NOI: $82,773.00/annual. Tenant pays CAM + all utilities. CAM : $8,503.00/Annually. CAM includes: lawn care, landscaping, trash, Insurance, parking lot maintenance. *

6700 Shady Grove Road - Parcel # 273 005 - List Price: $1,272,000.00. 1 +- Acres with 2 stand alone buildings on site.

Building 1: 2,092 +- SF, built in 1925 that has been fully restored. The space consists of 1 Reception, 4 offices, 1 conference room/5th office, full kitchen & break room, 1 private restroom. Upstairs there is 1 large room with a closet that can be used as flex space/another office. Also has washer and dryer hook ups off the kitchen. Front porch and back porch for outdoor seating. Backyard has a firepit and space for gathering. Nice, paved parking lot. Road Frontage: 165 +- Feet on Shady Grove Rd.

Building 2: New Construction flex building: 1,000 +- Square Feet. Plumbed for a bathroom, with 2 custom drive in doors. This building has its own parking area and gravel driveway off of Heard Road. It also has a separate address that you can utilize- 6840 Heard Road. 165 +- Feet of Road Frontage on Heard Road.

Showings are by appointment only. Call Doug Sills, 678-923-5538 to set up an appointment.

Investment highlights

6700 Shady Grove Road - Parcel # 273 005 - List Price: $1,272,000.00. 1 +- Acres with 2 stand alone buildings on site.

Building 1: 2,092 +- SF, built in 1925 that has been fully restored. The space consists of 1 Reception, 4 offices, 1 conference room/5th office, full kitchen & break room, 1 private restroom. Upstairs there is 1 large room with a closet that can be used as flex space/another office. Also has washer and dryer hook ups off the kitchen. Front porch and back porch for outdoor seating. Backyard has a firepit and space for gathering. Nice, paved parking lot. Road Frontage: 165 +- Feet on Shady Grove Rd. The zoning is Neighborhood Shopping - allows office and some retail uses - you will need to check with Forsyth County to verify your use. Property will be vacant at closing.

Building 2: New Construction flex building: 1,000 +- Square Feet. Plumbed for a bathroom, with 2 custom drive in doors. It is ready for final build out - can be built out by purchaser as office space or one large open room. This building has its own parking area and gravel driveway off of Heard Road. It also has a separate address that you can utilize- 6840 Heard Road. 165 +- Feet of Road Frontage on Heard Road.

Showings are by appointment only. Call Doug Sills, 678-923-5538 to set up an appointment.

Listing Contacts

DS
GA 364034
Bagley Commercial Properties
Listed by Bagley Commercial Properties

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$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,773.00
$6,897.75/mo

Valuation Metrics

0
DSCR
6.51%
Cap Rate
6.51%
ROI

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Additional Information

Name
Doug Sills
License
364034
Brokerage
Bagley Commercial Properties
Brokerage Phone
770-781-5935
Title
Associate Broker
Brokerage Address
104 Pilgrim Village Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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