Listed by Pathway Capital Group, Essential Capital Advisors, ParaSell Inc
$3,699,200
Big Blue Marble Academy (Corporate) - Powder Springs, GA
Details
Property Type Retail
Sub Type Convenience Store, Day Care/Nursery
Square Footage 10,851
Cap Rate 6.75%
NOI $249,696
Occupancy 100%
Tenancy Single
Brand/Tenant The Learning Experience, KinderCare Learning Center
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/27/2039
Remaining Term 12.7
Rent Bumps Yes
Lease Options 3, 5 YR
Broker Co-Op Yes
Buildings 1
Stories 2
Acreage 2.730
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/15/2024
Ground Lease No
Ownership Fee Simple (Land & Building)
Established | ABS. NNN | Corporate Guaranty
Marketing description
Investment highlights
Long Term Absolute NNN Lease with No Landlord Responsibilities & 2% Annual Increases
Corporate Lease with a Corporate Guaranty for the Full Duration of the Lease
This Center Features a Very Standardized Building Format for Early Education
Big Blue Marble Currently has 93 Locations Nationally and is Rapidly Expanding
Expansion Fueled by Leeds Equity Partners, Who at the Time of investment in Big Blue Marble Academy Managed Approximately $5 Billion
Excellent Average HH Income of $131K+ on a 1-Mile Radius
Nearby National Brands Include Walmart, Sam's Club, Target, Best Buy, The Home Depot, Publix, Kroger, and More
Listing Contacts
Listed by Pathway Capital Group, Essential Capital Advisors, ParaSell Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$249,696.00
$20,808.00/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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