1560 Summit Chase Dr SW, Snellville, GA 30078
SPECIALTY For SaleFloors: 1
| Space | Size | Type | Pricing |
|---|---|---|---|
| Specialty Property for Sale | SALE | $4,000,000.00 |
Daniel Bennett - NAI Elrod Group
PHONE: 7065531000
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. - Lease Details: NNN lease at $330,000/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