For Sale
$4,550,000

1560 Summit Chase DrSnellville, GA 30078

NNN Leased, High-Growth Area, Strong Cash Flow

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a newly constructed, 12,386 square foot early childhood education center in Snellville, Georgia. The property, built in 2005 and situated on a 1.68-acre lot, is currently under a newly executed 10-year triple-net (NNN) lease with a reputable franchisee of Legacy Academy. This state-of-the-art facility caters to the increasing demand for high-quality childcare in a thriving community. The lease includes a built-in 10% rent increase in year six and a further 10% increase in each subsequent five-year renewal term, ensuring consistent and growing cash flow for the investor. Snellville, located in Gwinnett County, is experiencing robust economic growth, fueled by its proximity to Atlanta and a strong housing market. The property's strategic location near residential areas, retail centers, and major roadways provides excellent accessibility and visibility. This makes it an attractive option for families seeking convenient childcare services, further solidifying the long-term viability of this investment. The property's strong tenant, long-term lease, and prime location combine to offer a compelling investment opportunity with significant potential for appreciation and stable returns. The asking price is $4,550,000.

Property Details for 1560 Summit Chase Dr

Property type
Square Feet
12,386 SF
Year Built
2005
Lot Size (sq. ft)
73,181 SF

Location Insight

City
Snellville
County
Gwinnett
State
Georgia
Latitude
33.85862
Longitude
-83.97921
1560 Summit Chase Dr, Snellville, Georgia

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1560 Summit Chase Dr
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