Hamilton State Bank

108 Canton Highway
Cumming, GA 30040
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Sale Overview

Price:$5,961,000
Building Size:8,354 SF
Property Type:Investment
Total Lot Size:1.44 Acres

Highlights

  • Credit Tenant: Hamilton State Bank has 24 branches in N. Georgia, $1.5B in assets & $1.2B in deposits
  • Branch deposits: $19,500,000
  • 12-year remaining term, on a 20-year lease plus 3 (5)- year options
  • 2.5% annual rent increases throughout term
  • Forsyth County - Cumming, GA - Upscale fast-growing bedroom community of Atlanta MSA (avg. household income $95,915)
  • Over 15,000 VPD on GA Hwy 20
  • Constructed in 2008; ±8,354 SF on ±1.44 acres
  • NOI: $312,800
  • $5,961,000

Description

8,354 square-foot custom designed and quality constructed freestanding Hamilton State Bank situated on 1.43 acres in downtown Cumming, GA

Location

Located in downtown Cumming, Georgia

Contact Broker

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Documents


Website file type pdfFlyer - 108 Canton Highway, Cumming, GA
Updated 19 days ago