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Big Blue Mable Academy (Corporate) 3375 Florence Rd 10,851 SF Retail Building Powder Springs, GA 30127 $3,626,667 ($334.22/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Long Term Absolute NNN Lease with No Landlord Responsibilities & 2% Annual Increases
- This Center Features a Very Standardized Building Format for Early Education
- Expansion Fueled by Leeds Equity Partners, Who at the Time of investment in Big Blue Marble Academy Managed Approximately $5 Billion
- Corporate Lease with a Corporate Guaranty for the Full Duration of the Lease
- Big Blue Marble Currently has 93 Locations Nationally and is Rapidly Expanding
- Excellent Average HH Income of $131K+ on a 1-Mile Radius
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
Building Size
10,851 SF
Building Class
C
Year Built
2000
Price
$3,626,667
Price Per SF
$334.22
Cap Rate
6.75%
NOI
$244,800
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
2.73 AC
Zoning
CRC - community retail commercial district
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Big Blue Marble Academy
- Educational Services
- 10,851 SF
- -
- Triple Net
- Feb 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Big Blue Marble Academy | Educational Services | 10,851 SF | - | Triple Net | Feb 2039 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-0731-0-086-0 | Improvements Assessment | $358,160 |
| Land Assessment | $211,096 | Total Assessment | $569,256 |
PROPERTY TAXES
Parcel Number
19-0731-0-086-0
Land Assessment
$211,096
Improvements Assessment
$358,160
Total Assessment
$569,256
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Big Blue Mable Academy (Corporate) | 3375 Florence Rd
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