This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

438 Cabiness Road

13,500 SF 100% Leased Retail Building Forsyth, GA 31029 $3,791,732 CAD ($281 CAD/SF) 7% Cap Rate

Investment Highlights

  • Shopping center is located near I-75 in Forsyth GA and anchored by many strong tenants.
  • Growing Forsyth Market.

Executive Summary

This 13,500 square foot shopping center is located near I-75 in Forsyth GA and anchored by many strong tenants. This property is a great investment opportunity to get into the growing Forsyth Market.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,500 SF
Building Class
C
Year Built
2021
Price
$3,791,732 CAD
Price Per SF
$281 CAD
Cap Rate
7%
NOI
$265,268 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.64 AC
Zoning
003
Parking
34 Spaces (2.52 Spaces per 1,000 SF Leased)
Frontage
88 ft on Cabiness Road

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • C Nails LLC
  • Retailer
  • 99,999 SF
  • $9.99
  • -
  • Salon8LTD Co
  • Retailer
  • 99,999 SF
  • $9.99
  • -
  • Shanes Rib Shack
  • Retailer
  • 99,999 SF
  • $9.99
  • -
  • U Save It Pharmacy
  • Retailer
  • 99,999 SF
  • $9.99
  • -
  • World Finance Company
  • Finance and Insurance
  • 99,999 SF
  • $9.99
  • -
  • Xotic City
  • Retailer
  • 99,999 SF
  • $9.99
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
C Nails LLC Retailer 99,999 SF $9.99 -
Salon8LTD Co Retailer 99,999 SF $9.99 -
Shanes Rib Shack Retailer 99,999 SF $9.99 -
U Save It Pharmacy Retailer 99,999 SF $9.99 -
World Finance Company Finance and Insurance 99,999 SF $9.99 -
Xotic City Retailer 99,999 SF $9.99 -

Nearby Major Retailers

Shane's Rib Shack
Waffle House
Starbucks
Huddle House
Ingles
Truist
Piggly Wiggly

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F33-010
Land Assessment
$139,923 CAD (2023)
Improvements Assessment
$174,008 CAD (2023)
Total Assessment
$313,931 CAD (2023)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 31003799

  • Date on Market: 2024-02-20

  • Last Updated:

  • Address: 438 Cabiness Road, Forsyth, GA 31029

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}