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$4,550,000
20 Days On Site

1560 Summit Chase DR
Snellville, GA 30078

For Sale|Commercial Sale|Active
0
Beds
0
Full Baths
0
Partial Baths
12,386
SqFt
$367
/SqFt
2005
Built
Subdivision:
None
County:
Gwinnett
Call Now: 943.255.0303
Is this the home for you? We can help make it yours.
943.255.0303
1560 Summit Chase DR1560 Summit Chase DR1560 Summit Chase DR1560 Summit Chase DR
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Monthly Payment (Est.)

$20,759
Calculator powered by Showcase IDX. Copyright ©2024 Information is deemed reliable but not guaranteed.

Property Description: This premier Legacy Academy location offers a compelling investment opportunity with a newly executed 10-year NNN lease at closing. The tenant, a franchisee of Legacy Academy, operates this custom-built state-of-the-art early childhood education center, catering to the growing demand for high-quality childcare and education in Snellville. This facility, built in 2005 and spanning approximately 12,386 SF, is situated on 1.68 acres. With a 10% rent increase in Year 6 of the lease and 10% rent bump in each 5-year renewal term, this asset provides stable cash flow and long-term investment value. Area Description: Snellville, GA, is a thriving community in Gwinnett County with a robust local economy, excellent schools, and family-oriented amenities. The area benefits from consistent population growth, driven by its proximity to Atlanta, competitive housing market, and a high quality of life. This property is ideally located near residential neighborhoods, retail centers, and major thoroughfares, making it a convenient choice for families.

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Listing Snapshot
Price 
$4,550,000
Days On Site 
20 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,386 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.68 Acres
Year Built 
2005
MLS® Number 
10421532
Status 
Active
Property Tax 
$30,450
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
6 days agoListing updated with changes from the MLS®
6 days agoStatus changed to Active
3 weeks agoListing first seen on site
General Features
Acres 
1.68
Garage 
Yes
Garage Spaces 
32
Parking 
Parking Lot
Parking Spaces 
32
Sewer 
Public Sewer
SqFt Total 
12386
Utilities 
Sewer AvailableWater Available
Water Source 
Public
Zoning 
OP
Interior Features
Cooling 
Electric
Flooring 
Laminate
Heating 
Central
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Exterior Features
Construction Details 
Brick
Lot Features 
Level
Roof 
Composition
Listing courtesy of NAI Elrod Group



Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than this office are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Copyright © 2020-present Georgia MLS. All rights reserved.
Data last updated at: 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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