Child Care
Primrose Schools | New 20-Year Lease with 2.00% Annual Increases
9440 Nesbit Ferry Rd, Alpharetta, GA 30022
Listing Price: $5,124,000
Cap Rate
6.75%
Tenant Name
Our Good Neighbors, LLC
Years Remaining On Lease
18.5
Guarantor
Franchisee Guarantee
Rentable SF
10,144
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.09
Investment Overview
The Sulo Group is pleased to present a Primrose School located in Alpharetta, Georgia (Atlanta MSA).
Investment Highlights
- New 20-Year Lease with 2.00 Percent Annual Increases in Rent
- Premier Brand in the Early Childhood Education Space
- Only 5-Miles from the Avalon Development (Premier Shopping and Entertainment District)
- Alpharetta is the #1 Place to Live in Georgia
Exclusively Listed By
Broker of Record
Financing By
Child Care
Primrose Schools | New 20-Year Lease with 2.00% Annual Increases
Listing Price: $5,124,000
Cap Rate
6.75%
Tenant Name
Our Good Neighbors, LLC
Years Remaining On Lease
18.5
Guarantor
Franchisee Guarantee
Rentable SF
10,144
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.09
Investment Highlights
- New 20-Year Lease with 2.00 Percent Annual Increases in Rent
- Premier Brand in the Early Childhood Education Space
- Only 5-Miles from the Avalon Development (Premier Shopping and Entertainment District)
- Alpharetta is the #1 Place to Live in Georgia
Investment Overview
The Sulo Group is pleased to present a Primrose School located in Alpharetta, Georgia (Atlanta MSA).
Exclusively Listed By
Broker of Record
Financing By
![MM Texture Background](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-news-research-hero-background.jpg?h=1030&iar=0&w=2880&rev=1569e23dd24a4ecea0b588f7ee537310&hash=B6D3CA35A0504F883C2C5068EE8436C0)
![MM Textured Background Lower](https://www.marcusmillichap.com/-/media/Images/MM/MM%20Hero%20Images/mm-property-footer-background%20jpg.jpg?h=1030&iar=0&w=2880&rev=f3ed593e923445f38df9f1c32d8d190f&hash=323A48081850EDAAE5E1F61061CADFD9)