13175 Cogburn Rd - Day Care Center FOR SALE
Alpharetta, GA 30004 |
$8,000,000 USD
858-373-3184
13175 Cogburn Rd
Alpharetta, GA 30004
HIGHLIGHTS
- 15 Year Absolute Net Lease Featuring 7% Rental Increases Every 5 Years throughout the Initial Term and Options.
- Children’s Learning Adventure is a Childcare Facility and the Industry Leader in Offering the Highest Quality Programs for Children.
- Densely Populated and Affluent Area: Features an Average Household Income of more than $161k (Twice the National Average).
- The City of Milton is Consistently Recognized as One of the Safest Cities in the State and the Nation, with a Low Crime Rate and High Quality of Life.
- Excellent Centralized Location - Many People choose Milton as the Place to Raise their Families.
- Excellent Child Care Location & Close Proximity to Local Schools including Hopewell Middle School, St. Francis High School and Cambridge High School.
OVERVIEW
15 Year Absolute Net Lease | Densely Populated & Affluent Atlanta Suburb - $161k+ Avg. HHI - Milton is one of the Wealthiest Cities in Georgia | Excellent Child Care Location | W/in Strong Retail Trade Corridor | Milton considered one of the Safest Cities in the State and the Nation
Georgia Broker of Record: John Leonard | 1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600 Atlanta, GA 30328 | P: (678) 808-2700 | Lic #: 252904 | John.Leonard@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$8,000,000 USD
PRICE/SF
$311 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CHILDREN'S LEARNING ADVENTURE | AFFLUENT AREA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
51
LAND DETAILS
LAND ACRES
3.56 AC
LAND SF
155,074 SF
ZONING
C-2
APN/PARCEL ID
22-5110-1040-042-2
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858-373-3184
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858-373-3184
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