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Brannon Crossing 415 Peachtree Pky
3,000 SF of Retail Space Available in Cumming, GA 30041
Sublease Highlights
- Very strong office market with over 156,700 daytime population in 5 miles.
- Seating for 60. Bar seats 13. The Outdoor Patio seats 45.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 255 | 3,000 SF | Negotiable | £22.09 /SF/PA £1.84 /SF/MO £237.80 /m²/PA £19.82 /m²/MO £66,276 /PA £5,523 /MO | Triple Net |
1st Floor, Ste 255
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request) Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale Located in The Shoppes at Brannon Crossing Brannon Crossing is a Specialty Retail Project located in Cumming, Georgia along Peachtree Parkway near Georgia 400. The Collection at Forsyth, a 565,075 mixed-use lifestyle project, is located across the street. And Northside Hospital – Forsyth is located minutes north along Ronald Reagan Boulevard. Very strong office market with over 156,700 daytime population in 5 miles. 3,000/SF. 750/SF. Seating for 60. Bar seats 13. The Outdoor Patio seats 45. Monthly rent is $7,000 ALL-In. 5-Year Lease. 10-Year Option to Renew. 2023 Gross Sales $1,100,000. 2023 Net Profit approximately $100,000. 2024 Sales are up to almost 25% higher than the previous year. Owner is hands-on. Great Staff of approximately 20 plus a Manager is in place makes for a flawless transition. Opened June 2019. Seller spent approximately $600,000 to open doors. Franchise Royalties 5%. Franchise Transfer Fee is $5,000. Fully Equipped. This Offering is for acquisition of Franchise and cannot be converted to a different concept. Priced at $499,000 with some Owner Financing Options available.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Kitchen
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 415 Peachtree Pky , Cumming, GA 30041
| Property Type | Retail | Total Land Area | 11.94 AC |
| Property Subtype | Retail | Year Built | 2007 |
| Gross Internal Area | 17,625 SF | Parking Ratio | 3.74/1,000 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Internal Area | 17,625 SF |
| Total Land Area | 11.94 AC |
| Year Built | 2007 |
| Parking Ratio | 3.74/1,000 SF |
About the Property
(This is an Open and Operating Business. Please be respectful and do not make any attempt to contact or speak to Staff, Management, Landlord, or Ownership. Documentation and Inspections will be provided upon request) Shuckin’ Shack Oyster Bar Cumming GA National Franchise Restaurant & Bar for Sale Located in The Shoppes at Brannon Crossing Brannon Crossing is a Specialty Retail Project located in Cumming, Georgia along Peachtree Parkway near Georgia 400. The Collection at Forsyth, a 565,075 mixed-use lifestyle project, is located across the street. And Northside Hospital – Forsyth is located minutes north along Ronald Reagan Boulevard. Very strong office market with over 156,700 daytime population in 5 miles. 3,000/SF. 750/SF. Seating for 60. Bar seats 13. The Outdoor Patio seats 45. Monthly rent is $7,000 ALL-In. 5-Year Lease. 10-Year Option to Renew. 2023 Gross Sales $1,100,000. 2023 Net Profit approximately $100,000. 2024 Sales are up to almost 25% higher than the previous year. Owner is hands-on. Great Staff of approximately 20 plus a Manager is in place makes for a flawless transition. Opened June 2019. Seller spent approximately $600,000 to open doors. Franchise Royalties 5%. Franchise Transfer Fee is $5,000. Fully Equipped. This Offering is for acquisition of Franchise and cannot be converted to a different concept. Priced at $499,000 with some Owner Financing Options available.
- Dedicated Turn Lane
- Restaurant
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
-
Power Broker Steven Josovitz -
The Shumacher Group
Presented by
Brannon Crossing | 415 Peachtree Pky
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