ALDI, Cumming
1760 Buford Hwy
Cumming, Georgia 30041
PROPERTY SOLD
Property: Investment Sales
Square Footage: 16,400
Acreage: 1.92
Price: $2,000,000
Cap Rate: 5.0%
Description:
- ALDI is an industry leading grocery retailer with over 1,200 U.S. stores in 32 states
- 20 year NNN corporate ground lease with a 10% rent bump in year 11 (9/1/14 commencement date)
- Major signalized intersection directly across from a 78,686 SF Publix shopping center
- 3 mile average household income of $106,000 and 5 mile population over 87,000
- Desirable and affluent north Atlanta suburban bedroom community near the shores of Lake Lanier
- A mile from the Northside Hospital – Forsyth campus with a staff of 2,300+ physicians and 2,200+ employees


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile