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Big Blue Mable Academy (Corporate) 243 Summerlin Blvd 12,533 SF Retail Building Newnan, GA 30265 $4,355,749 ($347.54/SF) 6.50% Cap Rate
Investment Highlights
- 12+ Years Rem. on an Abs. NNN Lease w/ No Landlord Responsibilities & 2% Rental Increases
- Corporate Guaranty (Full Duration of Lease)
- Excellent Average HH Income of $111K+ in a 1-mile Radius & Projected to Grow 10% by '30
- Big Blue Marble Currently has 93 Locations Nationally and is Rapidly Expanding
- Excellent Unit Level Performance (Contact Broker)
- Nearby National Brands Include Publix, Kroger, Target, McDonald's, Dick's, O'Reilly and More
Executive Summary
In Association with Scott Reid & ParaSell, Inc. | P: 949.942.6585 | A Licensed Georgia Broker #77666
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,533 SF
Building Class
C
Year Built
2007
Price
$4,355,749
Price Per SF
$347.54
Cap Rate
6.50%
NOI
$283,124
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.33 AC
Zoning
002 - Commercial mixed use
Frontage
273’ on Summerlin Blvd
Amenities
- Dedicated Turn Lane
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Big Blue Marble Academy
- Educational Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Big Blue Marble Academy | Educational Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 098A-299 | Improvements Assessment | $469,158 |
| Land Assessment | $254,914 | Total Assessment | $724,072 |
Property Taxes
Parcel Number
098A-299
Land Assessment
$254,914
Improvements Assessment
$469,158
Total Assessment
$724,072
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Big Blue Mable Academy (Corporate) | 243 Summerlin Blvd
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