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Child Care

Learnwell Collective | Spring Education Guarantee | 1.89 Acre Lot

6670 Shiloh Rd, Alpharetta, GA 30005

Listing Price: $4,795,000

Cap Rate
6.45%
Tenant Name
Learnwell Collective
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
11,130
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.78

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.

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

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Child Care

Learnwell Collective | Spring Education Guarantee | 1.89 Acre Lot

Listing Price: $4,795,000

Cap Rate
6.45%
Tenant Name
Learnwell Collective
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
11,130
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$27.78

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.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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