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Guidepost Montessori in East Cobb 2358 Shallowford Rd
5,117 SF Retail Building Marietta, GA 30066 £2,737,793 (£535/SF) 6% Net Initial Yield
Investment Highlights
- Established Montessori operator with 120 locations nationwide
- The property had over $700,000 in leasehold improvements completed in 2021
- Located in an area of the market experiencing growth with good access to a high-income residential base
- 5,117 SF school building constructed in 1981, renovated in 2021, on 1.6 acres in East Cobb
- 100% leased on a 20-year NNN lease which expires in August 2041 with four 5-year options
- Atlanta is expected to continue to see strong in-migration and population growth over the next decade
Executive Summary
The facility had over $700,000 in tenant leasehold improvements completed in 2021. Located in an area of the market experiencing steady growth, with good access to a high-income residential base and solid public school systems. Atlanta and specifically the NW suburbs of Atlanta are expected to continue to see strong in-migration and population growth over the next decade.
Property Facts
Amenities
- Fenced Lot
- Security System
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Educational Services
- 5,117 SF
- £31.61
- NNN
- Aug 2041
The core values of knowledge, work, agency, and trade come together to form the benevolent, aspirational culture that is common to every Guidepost classroom. This culture is at once universally constant—the same whether students visit Guidepost at Foothill Ranch in California, at Hollywood Beach in Florida, or at Magnificent Mile in Chicago—and wholly singular—taking on the unique personality of the individual parents, guides, and children that form each particular community. The end result of such a culture is more than children who learn to read, write, and think mathematically years ahead of their peers. The result is more even than children who can think, work, and succeed independently—and enjoy the process. The end result is children who can look across the span of their whole lives, work to understand the infinite texture of choices and paths open to them, and confidently craft a life that is good, purposeful, fully their own and fully lived.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Educational Services | 5,117 SF | £31.61 | NNN | Aug 2041 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 16-0339-0-042-0 | Improvements Assessment | £81,531 |
| Land Assessment | £293,009 | Total Assessment | £374,540 |
PROPERTY TAXES
Presented by
Guidepost Montessori in East Cobb | 2358 Shallowford Rd
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