Contacts

Daniel Bennett, CCIM

NAI Elrod Group

Property Details

Property Type Other - Special Purpose
Property Size 12,386 SF
Lot Size 1.68 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Year Built 2005
Date Updated Dec 11, 2024

Explore the vibrant community surrounding the property in Snellville, GA! This area offers a range of amenities and attractions ideal for a Special Purpose / School investor. Nearby, you'll find beautiful parks like Briscoe Park and Country Club of Gwinnett, as well as convenient shopping at The Shoppes at Webb Gin. The local school district boasts top-rated schools, making it an attractive location for educational investments. With its peaceful suburban setting and easy access to major highways, it presents an enticing opportunity for potential investors in the education sector.This premier Legacy Academy location offers a compelling investment opportunity with a newly executed 10-year NNN lease at closing. The tenant, a franchisee of Legacy Academy, operates this custom-built state-of-the-art early childhood education center, catering to the growing demand for high-quality childcare and education in Snellville. This facility, built in 2005 and spanning approximately 12,386 SF, is situated on 1.68 acres. With a 10% rent increase in Year 6 of the lease and 10% rent bump in each 5-year renewal term, this asset provides stable cash flow and long-term investment value.

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Highlights

Lease Details: NNN lease at $360,000/year, 10% rent increase in Year 6 of the lease, and 10% rent bump in each 5-year renewal term
Tenant Strength: Operated by an experienced franchisee with 3 locations and a proven track record of success in early childhood education
Modern Facility: High-quality construction with amenities catering to children’s learning and safety
Location: Positioned in a growing suburban market, offering excellent visibility and accessibility from Highway 78
Strong Market Demographics: Located in a densely populated area with strong household incomes, supporting sustained demand for childcare services

Getting around

23/100
Walk Score ®
18/100
Bike Score ®

Powered by Walk Score ®

City Snellville, GA
Neighborhood Summit Brook
Zip Code 30078
Market Atlanta

Points of Interest

QuikTrip

0.82 miles
Citgo

1.01 miles
Chevron

1.01 miles
Shell

1.30 miles
BP

1.31 miles
Kroger

1.44 miles

First Baptist Church of Snellville Parking Lot

2.08 miles
Hewatt Road Park-and-Ride

4.83 miles
Boat Ramp Parking

5.33 miles
Equestrian Parking

5.56 miles
Gwinnett County Nash Street Parking Lot

6.27 miles
Gwinnett Justice and Administration Center Parking

6.37 miles
Lawrenceville Downtown Parking

6.81 miles
Stone Mountain Commuter Park-and-Ride

7.96 miles
Overflow parking

8.13 miles
Equestrian parking

8.38 miles

Hampton Inn & Suites

2.26 miles
InTown Suites

2.49 miles
La Quinta

3.30 miles
Quality Inn Loganville US Highway 78

4.22 miles
Holiday Inn Express & Suites Lawrenceville

7.33 miles
Days Inn by Wyndham Lawrenceville

7.76 miles
Days Inn

7.82 miles
Hampton Inn Lawrenceville

7.91 miles
Hotel Lawrenceville

7.96 miles
Comfort Suites Northside Hospital Gwinnett

7.97 miles

Kroger

1.41 miles
Good Nutrition

2.20 miles
Big Lots

2.28 miles
Belk

2.31 miles
Kohl's

2.35 miles
TJ Maxx

2.39 miles
Target

2.40 miles
Publix

2.40 miles
Marshalls

2.40 miles
Ross

2.45 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.