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$4,550,000
46 Days On Site

1560 Summit Chase Drive
Snellville, GA 30078

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
12,386
SqFt
$367
/SqFt
2005
Built
Subdivision:
No Recorded Subdivision
County:
Gwinnett
1560 Summit Chase Drive1560 Summit Chase Drive1560 Summit Chase Drive1560 Summit Chase Drive
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Property Description: 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. Area Description: Snellville, GA, is a thriving community in Gwinnett County with a robust local economy, excellent schools, and family-oriented amenities. The area benefits from consistent population growth, driven by its proximity to Atlanta, competitive housing market, and a high quality of life. This property is ideally located near residential neighborhoods, retail centers, and major thoroughfares, making it a convenient choice for families.1. Lease Details: NNN lease at $330,000/year, 10% rent increase in Year 6 of the lease, 2. Tenant Strength: Operated by an experienced franchisee with 3 locations, 3. Modern Facility: High-quality construction with amenities, 4. Location: Positioned in a growing suburban market, 5. Strong Market Demographics: Located in a densely populated area with strong household incomes, 6. Excellent visibility and accessibility from Highway 78

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Listing Snapshot
Price 
$4,550,000
Days On Site 
46 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,386 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.68 Acres
Year Built 
2005
MLS® Number 
1022674
Status 
Active
Property Tax 
$30,449.92
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
1.68
Foundation 
Slab
Garage 
Yes
Number Of Stories 
1
Parking Spaces 
32
Sewer 
Public Sewer
SqFt Total 
12386
Stories 
One
Utilities 
Sewer AvailableWater Available
Water Source 
Public
Interior Features
Cooling 
Electric
Heating 
Central
Interior 
OtherSee RemarksStorage
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Exterior Features
Construction Details 
Brick
Exterior 
None
Lot Features 
Level
Other Structures 
None
Listing courtesy of NAI Elrod Group.

IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data provided is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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855-299-SOLD
855-299-7653