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Ken Covers

ken.covers@evatlanta.com +1(404) 664-8280

$ 1,272,000

Est. payment -/mo

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Active

6700 Shady Grove RD Cumming, GA 30041

3 Beds

1 Bath

1 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7639558

Style Farmhouse

Bedrooms 3

Full Baths 1

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1926

Annual Tax Amount $2,317

Tax Year 2024

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Other

Source First Multiple Listing Service

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.

Location

State GA

County Forsyth

Zoning NS

Lake Name None

Rooms

Bedroom Description Other

Other Rooms Other

Main Level Bedrooms 2

Interior

Equipment None

Exterior

Fence None

Community Features None

Utilities Available Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available

Waterfront Description None

View Y/N Yes

View Other

Present Use Commercial,Office

Street Surface Asphalt

Porch Covered, Front Porch

Private Pool false

Building

Lot Description Other

Story Two

Architectural Style Farmhouse

Level or Stories Two

Construction Status Updated/Remodeled

Schools

Elementary Schools Forsyth - Other

Middle Schools Forsyth - Other

High Schools Forsyth - Other

Others

Senior Community no

Tax ID 273 005

Virtual Tour https://youtu.be/d8g24sYn3AY?si=c1kWUHRA2dJoWG1u

Listed by Bagley Commercial Properties

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Ken Covers

Real Estate Advisor | License ID: 215707

+1(404) 664-8280

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Homes For Sale in Atlanta, GA

Ken Covers

6700 Shady Grove RD Cumming, GA 30041

Key Details

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6700 Shady Grove RD