Listing Courtesy of: Daniel Bennett - NAI Elrod Group
7065531000
$4,550,000
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1560 Summit Chase Drive Snellville, GA 30078
General Commercial
Residence
Beds
Baths
12,386
Sq. Ft.
1.68
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
10421532
Property Type
General Commercial
Year Built
2005
Square Feet
12,386
sq. ft
Lot Size
1.68
Sewer
Public Sewer, Sewer Available
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