1560 Summit Chase Drive, Snellville, GA 30078 - Gwinnett County

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.1. Lease Details: NNN lease at $360,000/year, 10% rent increase in Year 6 of the lease, 2. Tenant Strength: Operated by an experienced franchisee with 3 locations, 3. Modern Facility: High-quality construction with amenities, 4. Location: Positioned in a growing suburban market, 5. Strong Market Demographics: Located in a densely populated area with strong household incomes, 6. Excellent visibility and accessibility from Highway 78

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