1000 Old Roswell Lakes Pkwy Roswell, GA 30076
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Prime Roswell school, 21,225 SF, 6.08% CAP
Property size:
21,225 SFProperty Features for 1000 Old Roswell Lakes Pkwy
General Information
- Property type
- Schools
- Square Feet
- 21,225 SF
Building Details
- Year Built/Renovated
- 1992/2018
- Buildings
- 1
- Stories
- 3
- Units
- 1
Listing Agency: NDI Maxim Real Estate Listing Agent: Tim Le
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 21,225-square-foot, three-story school building situated in the desirable Old Roswell Lake Office Park in Roswell, Georgia. Built in 1992 and renovated in 2018, the property boasts a 100% occupancy rate with a current lease to Eaton Academy, a K-12 private school for special needs students, extending until July 31, 2029. The gross lease agreement commenced February 1, 2022, with a remaining term of approximately 4.7 years. The property features a strong net operating income (NOI) of $240,000, resulting in an attractive 6.08% capitalization rate. Priced at $3,950,000 ($186.10 per square foot), this single-unit property is zoned C2 and offers a compelling investment prospect with significant potential for appreciation. The location within the established Roswell Professional district, amidst a picturesque office park with abundant natural beauty, further enhances its appeal. The property is a 1031 exchange eligible asset. This is a rare chance to acquire a stable, well-maintained school facility requiring minimal management oversight. The property's address is 1000 Old Roswell Lakes Pkwy, Roswell, GA 30076, with Fulton County APN 12 219705030949.
Property Profile
Location Intelligence
Current Use by Public Records
Eaton Academy
High School
Mc Fadden Financial ...
Financial Advisor
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Fulton
- State
- Georgia
- Longitude
- -84.33664356014
- Latitude
- 34.032737052639
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FAQs
What type of property is this?
School - Prime Roswell school, 21,225 SF, 6.08% CAP
Where is this school located?
The property is located at 1000 Old Roswell Lakes Pkwy Roswell, GA.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 21,225 SF, three-story school building in Roswell, GA's Old Roswell Lake Office Park.; 100% occupied by Eaton Academy (K-12 private school) under a lease expiring July 31, 2029.; $3,950,000 asking price ($186.10/SF); $240,000 NOI, 6.08% cap rate.
