Active

1560 Summit Chase Drive

Snellville GA, 30078

$4,550,000


$367.35 per sqft

Active

12,386 sqft

Commercial

Built in 2005

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.

10421532

MLS ID

December 3, 2024

Listed

December 17, 2024

Updated

Map

1560 Summit Chase Drive
Snellville GA, 30078

Interior Features

Floor Description

Laminate


Fireplace

No


Cooling

Yes


Cooling Description

Electric


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

1.68 Acres


Lot Features

Level


Roof

Composition


Sewer

Public Sewer

Other Property Details

Taxes

$30,450


Tax Frequency

Annually


Days on Market

14


Garage

No


Parking

Parking Lot


Parking Total

32


View

No


County

Gwinnett


Water Source

Public


Pool

No

Listed with NAI Elrod Group

Based on information from Georgia MLS as of 12/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed. 

Data last updated 6:49 AM UTC, 12/17/2024

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