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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.

PROPERTY FEATURES

Business Type: Education/School
Utilities : Sewer Available,Water Available Sewer : Public Sewer Water Source : Public
Parking Features: Parking Lot Parking Total : 32
Roof Type: Composition Lot Features : Level
Property Condition : Resale Zoning Description: OP
Cooling: Electric Heating : Central
Construction Materials: Brick
Flooring : Laminate

PROPERTY DETAILS

Street Address: 1560 Summit Chase Drive
City: Snellville
State: Georgia
Postal Code: 30078
County: Gwinnett
MLS Number: 10421532
Year Built: 2005
Courtesy of NAI Elrod Group

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