3375 Florence Rd - Day Care Center FOR SALE


Powder Springs, GA 30127
$3,916,800 USD
415-610-8970
3375 Florence Rd, Powder Springs, GA for Sale
$3,916,800 USD
Day Care Center - FOR SALE
1/4
null | 6.25% Cap Rate

3375 Florence Rd
Powder Springs, GA 30127


HIGHLIGHTS

  • Big Blue Marble Academy Corporately Operates 75 Schools Nationally & Was Recently Acquired by Leeds Equity Partners
  • Long-term NNN lease with annual increases
  • Full Duration corporate guaranty
  • Profitable and established center

OVERVIEW

Northmarq is pleased to exclusively offer for sale a single-tenant early education property operating as "Big Blue Marble Academy." The Property is in Powder Springs, GA which is located in southwest Cobb County and is the fastest growing city in Cobb County. There are just over 14 years remaining on a corporate, absolute NNN lease with 2% annual increases during the lease term. Big Blue Marble Academy Corporately Operates 75 Schools Nationally & Was Recently Acquired by Leeds Equity Partners who are Committed to Supporting Big Blue Marble Academy's Continued Growth. The Property is located just off Highway 278 (38,085+ VPD) and Florence Road. The Property is just east of the town’s main retail area that has well known tenants that include Walmart Supercenter, Sam's Club, Target, Best Buy, Texas Roadhouse, Chick-fil-A and numerous others. The area boasts an excellent average household income of $119k+ within a 1-mile radius of the Property.

FOR SALE DETAILS

PRICE

$3,916,800 USD

PRICE/SF

$361 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Big Blue Marble Academy (Atlanta, GA MSA)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.73 AC

LAND SF

118,919 SF

ZONING

CRC

APN/PARCEL ID

19-0731-0-086-0

ASK ABOUT THIS PROPERTY

Milo SpectorNorthmarqMore Info
415-610-8970

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Milo SpectorNorthmarqMore Info
415-610-8970

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.