Listed by Marcus & Millichap - San Diego
$7,500,000
CHILDREN'S LEARNING ADVENTURE | AFFLUENT ATLANTA SUBURB
Details
APN 22 511010400422
Property Type Special Purpose
Sub Type School
Square Footage 55,737
Units 1
Cap Rate 8%
NOI $600,000
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 01/30/2040
Remaining Term 13.7
Rent Bumps Yes
Price per SqFt $135
Year Built 2015
Stories 1
Acreage 3.550
Ground Lease No
Special Purpose | 8.00% CAP | 55,737 SqFt
Marketing description
PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:
https://themansourgroup.com/properties/310477/childrens-learning-adventure
Investment highlights
- 14 year absolute net lease featuring 7% rental increases every 5 years throughout the initial term and options.
- Children’s learning adventure is a childcare facility and the industry leader in offering the highest quality programs for children aged 6 weeks to 12 years old with more than 14 locations throughout the U.S.
- Densely populated and affluent area: features an average household income of more than $161k (twice the national average) and more than 145k people residing within a 5-mile radius.
- The city of milton is consistently recognized as one of the safest cities in the state and the nation, with a low crime rate and high quality of life, making it a desirable place to live.
- Excellent centralized location - many people choose milton as the place to raise their families, as it is regarded to have one of the highest quality of life in the state of georgia.
- Within a strong retail trade corridor - near numerous national retailers including walmart supercenter, publix, kroger, target, lowe’s, home depot, costco and many more.
- The site benefits from its close proximity to downtown atlanta - home to a variety of museums, theaters, music venues, and restaurants, providing residents with a wide range of amenities.
- Positioned along area’s major retail & traffic corridor: features easy access and excellent visibility at a signalized hard corner. Near us-19 (105k+ vpd).
- Excellent child care location & close proximity to local schools including hopewell middle school, st. Francis high school and cambridge high school.
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$600,000.00
$50,000.00/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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