Child Care
Learnwell Collective | Spring Education Guarantee | 1.89 Acre Lot
6670 Shiloh Rd, Alpharetta, GA 30005
Listing Price: $4,795,000
Investment Overview
Marcus & Millichap is pleased to exclusively offer a triple net leased private-hybrid school serving kindergarten through eighth-grade students. The lease is a triple-net, guaranteed by Spring Education Group and offers a 10% rental increase in two and a half years. The subject property sits on a 1.89-acre lot at a stoplight intersection with nearly 26,000 vehicles passing per day and sees just over 95,000 vehicles per day on Route 40 roughly a half-mile away. The property is adjacent to several new luxury multi-family developments. The area is extremely affluent and expects a 13% population growth by 2026. The average household income is $200,500 within one mile of the subject property.
Learnwell Collective | Spring Education Guarantee | 1.89 Acre Lot
Investment Highlights
- Single Tenant, Free Standing Building Recently Constructed in 2015
- Triple Net Lease with 8 Years Remaining on Lease Term | Spring Education Group Guarantee
- 10% Rent Increase in 2.5 Years
- Conveniently Situated off of U.S. Route 40 | Seeing Over 95,000 Vehicles per Day
- Located at Stoplight, Hard-Corner
Child Care
Learnwell Collective | Spring Education Guarantee | 1.89 Acre Lot
Listing Price: $4,795,000
Investment Highlights
- Single Tenant, Free Standing Building Recently Constructed in 2015
- Triple Net Lease with 8 Years Remaining on Lease Term | Spring Education Group Guarantee
- 10% Rent Increase in 2.5 Years
- Conveniently Situated off of U.S. Route 40 | Seeing Over 95,000 Vehicles per Day
- Located at Stoplight, Hard-Corner
Investment Overview
Marcus & Millichap is pleased to exclusively offer a triple net leased private-hybrid school serving kindergarten through eighth-grade students. The lease is a triple-net, guaranteed by Spring Education Group and offers a 10% rental increase in two and a half years. The subject property sits on a 1.89-acre lot at a stoplight intersection with nearly 26,000 vehicles passing per day and sees just over 95,000 vehicles per day on Route 40 roughly a half-mile away. The property is adjacent to several new luxury multi-family developments. The area is extremely affluent and expects a 13% population growth by 2026. The average household income is $200,500 within one mile of the subject property.
