C. Alexander Learning Academy | Morrow, GA | 5754 Attucks Blvd
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C. Alexander Learning Academy | Morrow, GA 5754 Attucks Blvd
14,367 SF Retail Building Morrow, GA 30260 £2,324,350 (£162/SF) 9.11% Net Initial Yield
Investment Highlights
- This Opportunity Encompasses a NN Lease, With Strong Rental Increases of 3% Annually
- Consumer Spending Exceeds $70 Million Annually on Education and Day Care Within a 5-Mile Radius of location With Total Population Exceeding 161,550
- Nearby Tenants Include: Kroger, Walgreens, Walmart, UPS, Dollar Tree, Dollar General, Baskin Robbins, McDonald's, Popeyes and Subway
- The Property Sits on a 2.3 Acre Corner Lot Highly Visible From Rex Rd, Which Sees Over 20,000 VPD, and is Within Minutes of Hartsfield-Jackson ATL Int
- 10+ Feeder Elementary Schools Within 5-Miles Include: Morrow, McGarrah, Roberta T Smith, BC Haynie, Thurgood Marshall, Mt. Zion, Lake City
- A New Roof Was Installed Last Year as Well as a Renovation That Took Place 5 Years Ago
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,367 SF C. Alexander Learning Academy NN Asset Located at 5754 Attucks Boulevard in Morrow, GA. This Opportunity Encompasses a NN Lease, With Strong Rental Increases of 3% Annually; Moreover, the Only Landlord Responsibilities Being Roof and Structure, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619
In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
14,367 SF
Building Class
B
Year Built
1997
Price
£2,324,350
Price Per SF
£162
Net Initial Yield
9.11%
NOI
£211,836
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
2.30 AC
Zoning
C - commercial
Parking
20 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Fenced Lot
- Pool
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- C. Alexander Learning Academy LLC
- Educational Services
- 14,367 SF
- £14.71
- Double Net
- Jan 2029
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| C. Alexander Learning Academy LLC | Educational Services | 14,367 SF | £14.71 | Double Net | Jan 2029 |
PROPERTY TAXES
| Parcel Number | 12-0148A-00I-009 | Improvements Assessment | £450,322 |
| Land Assessment | £48,390 | Total Assessment | £498,712 |
PROPERTY TAXES
Parcel Number
12-0148A-00I-009
Land Assessment
£48,390
Improvements Assessment
£450,322
Total Assessment
£498,712
Contacts
-
Andrew Gilbert -
Clifton McCrory -
Ryan Sompayrac -
Chris Sands -
Adam Bridges -
Andrew Ackerman -
Sands Investment Group
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C. Alexander Learning Academy | Morrow, GA | 5754 Attucks Blvd
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