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1560 Summit Chase Drive

Snellville, GA 30078
  • $4,550,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 10421532
UPDATED: 172 min ago
$4,550,000
  • 0
    BEDS
  • 1.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,386
    SQFT
  • $367
    $/SQFT
Type:
Commercial
Built:
2005
County:
Area:

School Ratings & Info

Description

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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Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2025-02-14T00:09:56.36.
www.century21connectrealty.com/homes/158455150
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1560 Summit Chase Drive Snellville, GA 30078

  • Price: $4,550,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 172 min ago
  • MLS #: 10421532
0
Beds
0
Baths
0
½ Baths
1.68
Acres
12,386
SQFT
$367
$/SQFT
2005
Built
County:
Gwinnett
Area:
Snellville
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Garage YN No Lot Features Level Lot Size Area 1.68 Lot Size Source Public Records Lot Size Units Acres Parking Features Parking Lot Parking Total 32 Roof Composition

Interior Features

Above Grade Finished Area Units Square Feet Below Grade Finished Area Units Square Feet Building Area Total 12386 Building Area Units Square Feet Cooling Electric Cooling YN Yes Flooring Laminate Heating Central Heating YN Yes Living Area Source Public Records Living Area Units Square Feet

Property Features

Business Type Education/School New Construction YN No Property Condition Resale Property Sub Type Commercial Sewer Public Sewer Structure Type Other Tax Annual Amount 30450 Tax Year 2024 Utilities Sewer AvailableWater Available Water Source Public

GAMLS logo Listing provided courtesy of NAI Elrod Group: 706-553-1000. © 2025 Georgia Multiple Listing Service, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.


Georgia MLS logo© 2025 Georgia Multiple Listing Service, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from GAMLS. Real estate listings held by brokerage firms other than Century 21 Connect Realty are marked with the GAMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by GAMLS or Century 21 Connect Realty. Data last updated: 2025-02-14T00:09:56.36.
 
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