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    1560 Summit Chase Dr Snellville, GA 30078

    For Sale
    $4,550,000

    NNN Leased, High-Growth Area, Strong Cash Flow

    Property size:
    12,386 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a newly constructed, 12,386 square foot early childhood education center in Snellville, Georgia. The property, built in 2005 and situated on a 1.68-acre lot, is currently under a newly executed 10-year triple-net (NNN) lease with a reputable franchisee of Legacy Academy. This state-of-the-art facility caters to the increasing demand for high-quality childcare in a thriving community. The lease includes a built-in 10% rent increase in year six and a further 10% increase in each subsequent five-year renewal term, ensuring consistent and growing cash flow for the investor. Snellville, located in Gwinnett County, is experiencing robust economic growth, fueled by its proximity to Atlanta and a strong housing market. The property's strategic location near residential areas, retail centers, and major roadways provides excellent accessibility and visibility. This makes it an attractive option for families seeking convenient childcare services, further solidifying the long-term viability of this investment. The property's strong tenant, long-term lease, and prime location combine to offer a compelling investment opportunity with significant potential for appreciation and stable returns. The asking price is $4,550,000.

    Property Features for 1560 Summit Chase Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    12,386 SF
    Lot Size
    73,181 SF

    Building Details

    Year Built
    2005
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Snellville
    County
    Gwinnett
    State
    Georgia
    Longitude
    -83.97921
    Latitude
    33.85862

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    FAQs

    What type of property is this?
    Commercial real estate - NNN Leased, High-Growth Area, Strong Cash Flow
    Where is this commercial real estate located?
    The property is located at 1560 Summit Chase Dr Snellville, GA.
    What is the asking price?
    The asking price for this property is $4,550,000.
    (706) 553-1000
    Request Owner's contact information
    1560 Summit Chase Dr Snellville, GA 30078
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1560 Summit Chase Dr Snellville, GA 30078
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