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2358 Shallowford Rd
Marietta, GA 30066

$3,499,000 USD

Daycare Center For Sale • 5,117 SF

Property Details

Property Type Daycare Center
Total Building Size 5,117 SF
Lot Size 1.6 AC
Building Class C
Year Built 1981
Cap Rate 6.00 %
Tenancy Single
Zoning NRC

0 Transit Score

40 Walk Score

                
                    Highlights
                
                                Established Montessori operator with 120 locations nationwide
                            
                                5,117 SF school building constructed in 1981, renovated in 2021, on 1.6 acres in East Cobb
                            
                                The property had over $700,000 in leasehold improvements completed in 2021
                            
                                100% leased on a 20-year NNN lease which expires in August 2041 with four 5-year options
                            
                                Located in an area of the market experiencing growth with good access to a high-income residential base
                            
                                Atlanta is expected to continue to see strong in-migration and population growth over the next decade

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Guidepost Montessori at Marietta	5,117 SF	8/31/2041

Amenities

Fenced Lot
Security System
Monument Signage
Air Conditioning

Public Transportation

Airport	Drive	Walk	Distance
Hartsfield - Jackson Atlanta International	51 min	-	33.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	30
Type:	Surface
Included in Rent:	Yes

Gary Mills 404-229-9998 Harry Norman Realtors Commercial Division

2358 Shallowford Rd Marietta, GA 30066