Description
Property Description: A standout investment opportunity, this Legacy Academy facility combines stability and growth potential in the rapidly expanding market of Lawrenceville. The property, a 12,290 SF center built in 2002, sits on a 2.77-acre lot, offering ample parking and a spacious layout. With a new 10-year NNN lease commencing at closing, a 10% rent increase at the beginning of year 6, and a 10% rent bump in each 5-year renewal term, this property ensures reliable income and excellent return potential. Operated by a successful and established franchisee, this center is a cornerstone of early childhood education in the community. Area Description: Lawrenceville, GA, is a dynamic hub within Gwinnett County, known for its rapid residential and economic development. The area features a diverse population, excellent schools, and significant commercial growth. This property benefits from its strategic location near major highways, retail hubs, and residential communities, ensuring sustained demand for its services.1. Lease Details: NNN lease at $330,000/year, 2. Tenant Strength: Operated by an experienced franchisee with 3 locations, 3. Prime Location: Situated along Sugarloaf Parkway, 4. Facility Excellence: High-quality construction with amenities, 5. Demographic Appeal: Located in a high-growth area with strong family demographics, 6. Located on key commercial corridor with high traffic and visibility
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0BEDS
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3.27ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Property Description: A standout investment opportunity, this Legacy Academy facility combines stability and growth potential in the rapidly expanding market of Lawrenceville. The property, a 12,290 SF center built in 2002, sits on a 2.77-acre lot, offering ample parking and a spacious layout. With a new 10-year NNN lease commencing at closing, a 10% rent increase at the beginning of year 6, and a 10% rent bump in each 5-year renewal term, this property ensures reliable income and excellent return potential. Operated by a successful and established franchisee, this center is a cornerstone of early childhood education in the community. Area Description: Lawrenceville, GA, is a dynamic hub within Gwinnett County, known for its rapid residential and economic development. The area features a diverse population, excellent schools, and significant commercial growth. This property benefits from its strategic location near major highways, retail hubs, and residential communities, ensuring sustained demand for its services.1. Lease Details: NNN lease at $330,000/year, 2. Tenant Strength: Operated by an experienced franchisee with 3 locations, 3. Prime Location: Situated along Sugarloaf Parkway, 4. Facility Excellence: High-quality construction with amenities, 5. Demographic Appeal: Located in a high-growth area with strong family demographics, 6. Located on key commercial corridor with high traffic and visibility
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