1000 Old Roswell Lakes Pkwy Roswell, GA 30076
- Specialty properties
- 21,225 SF
Current Use by Public Records
- Eaton Academy / Preparatory School
- Mc Fadden Financial Elevator / Financial Planner
Property Details for 1000 Old Roswell Lakes Pkwy
- Year built
- 1992
- Property size
- 21,225 SF
- Property type
- Specialty properties
- Property subtype
- Schools
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Roswell
- County
- Fulton
- State
- Georgia
- Longitude
- -84.3366
- Latitude
- 34.0327
