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Telia JnBaptiste

telia.jnbaptiste@evatlanta.com +1(617) 528-8333

$ 4,650,000

Est. payment -/mo

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Active

3515 Sugarloaf Lawrenceville, GA 30044

12,290 SqFt

UPDATED:

12/17/2024 06:06 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type Commercial Sale

Square Footage 12,290 sqft

Price per Sqft $378

MLS Listing ID 10421745

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 2002

Annual Tax Amount $47,147

Tax Year 2024

Lot Size 3.270 Acres

Acres 3.27

Lot Dimensions 3.27

Property Description

Property Description: A standout investment opportunity, this Legacy Academy facility combines stability and growth potential in the rapidly expanding market of Lawrenceville. The property, a 12,290 SF center built in 2002, sits on a 2.77-acre lot, offering ample parking and a spacious layout. With a new 10-year NNN lease commencing at closing, a 10% rent increase at the beginning of year 6, and a 10% rent bump in each 5-year renewal term, this property ensures reliable income and excellent return potential. Operated by a successful and established franchisee, this center is a cornerstone of early childhood education in the community. Area Description: Lawrenceville, GA, is a dynamic hub within Gwinnett County, known for its rapid residential and economic development. The area features a diverse population, excellent schools, and significant commercial growth. This property benefits from its strategic location near major highways, retail hubs, and residential communities, ensuring sustained demand for its services.

Location

State GA

County Gwinnett

Zoning OI

Interior

Heating Central

Cooling Electric

Flooring Laminate

Fireplace No

Exterior

Parking Features Parking Lot, Paved

Garage Spaces 30.0

Utilities Available Sewer Available, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 30

Garage No

Private Pool No

Building

Lot Description Level

Faces From the intersection of Sugarloaf Parkway and Hwy 124, head west on Sugarloaf Pkwy for 1.4 miles. The property will be on your right.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID R5084 306 & R5084 307

Special Listing Condition Resale

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Telia JnBaptiste

Real Estate Advisor | License ID: 402263

+1(617) 528-8333

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Telia JnBaptiste

3515 Sugarloaf Lawrenceville, GA 30044

Key Details

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