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27321826
27321827

230 Charter Lane, Macon, GA 31210

AA
GA GA 311619, FL #BK3369953 (+2)
Sands Investment Group
CM
SC 99847
Sands Investment Group Los Angeles
CS
CA 01387583, SC 93103 (+2)
Sands Investment Group Los Angeles
Sands Investment Group Charleston
Sands Investment Group Charleston
Listed by Sands Investment Group, Sands Investment Group Los Angeles, Sands Investment Group Charleston
$1,507,363
244 days on market
Updated 34 days ago

Macon Academy - Macon, GA

Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 5,085
Cap Rate 7.5%
NOI $113,052
Occupancy 100%
Tenancy Single
Brand/Tenant Macon Academy
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 02/29/2040
Remaining Term 13.8
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $296
Year Built 1985
Acreage 1.000
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 02/14/2025

ABS NNN Early Education Asset | Fee Simple | 2% Annual Increases

Marketing description

Sands Investment Group is pleased to exclusively offer for sale the 5,085 SF Macon Academy located at 230 Charter Lane in Macon, GA. This deal includes a long-term Absolute Triple Net (NNN) investment opportunity with 2% annual increases and an experienced multi-unit operator that is actively growing throughout the Southeast, offering strong income stability.

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Investment highlights

  • Long-term Absolute Triple Net (NNN) investment opportunity with 2% annual increases.

  • Experienced multi-unit operator that is actively growing throughout the Southeast.

  • Average household income over $100,000 within a 1-mile radius.

  • Located just off Forsyth Rd, which feeds into I-75, this site sees over 66,000 VPD.

  • Total spending on education and daycare exceeds $53.4M annually within a 5-mile radius.

  • Feeder elementary schools in a 5-mile radius include: Heard Elementary School, Springdale Elementary, Barden Elementary, Tattnall Square Academy, Luther W. Williams Elementary, Ingram- Pye Elementary, and Clifton Ridge Elementary School.

Listing Contacts

AA
GA GA 311619, FL #BK3369953 (+2)
Sands Investment Group
CM
SC 99847
Sands Investment Group Los Angeles
CS
CA 01387583, SC 93103 (+2)
Sands Investment Group Los Angeles
Sands Investment Group Charleston
Sands Investment Group Charleston
Listed by Sands Investment Group, Sands Investment Group Los Angeles, Sands Investment Group Charleston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$113,052.00
$9,421.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Andrew Ackerman
License
GA #311619
Title
Broker of Record
Name
Andrew Ackerman
License
GA 311619
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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