5331 Thompson Ml Rd Hoschton, GA 30548-4037
- Commercial land
- 1.60 lot acres
Dec 28, 2023
Current Use by Public Records
- Kiddie Academy of Braselton / Kindergarten / Preschool
Property Details for 5331 Thompson Ml Rd
- Lot size
- 1.60 lot acres
- Zone code
- G-C
- Property type
- Commercial land
- APN
- 15-041 -000-135
- APU
- 15041000135
Description
This exceptional investment opportunity presents a brand-new, 10,000 square foot Kiddie Academy daycare center in Hoschton, Georgia, built in 2024. Situated on a 0.95-acre lot, the property boasts a 20-year net lease with a corporate guarantee from a leading childcare provider with over 300 locations. The lease, commencing December 1, 2024, includes 10% rent bumps every five years and three five-year renewal options, ensuring long-term stability and appreciation. The property enjoys a 7.00% cap rate and a substantial net operating income (NOI) of $428,500, with an asking price of $6,121,428 ($612.14 per square foot). The strategic location off GA-347 (43,440+ vehicles per day), at the intersection of Thompson Mill Road (5,535+ VPD) and Spout Springs Road (12,500+ VPD), benefits from high traffic counts and proximity to major retailers like Kroger and Publix. Furthermore, the property's location within a rapidly growing area, with a population exceeding 90,000 within a five-mile radius and projected growth of over 1.5% in the next five years, and its proximity to the upcoming Atlanta River Walk development, adds significant value. The property also includes a 5,500 square foot playground. This is a rare opportunity to acquire a high-performing, passively managed investment with significant upside potential in a thriving market, just 35 miles from downtown Atlanta. The Atlanta MSA population exceeds 6.09 million.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Hoschton
- County
- Hall
- State
- Georgia
- Longitude
- -83.8705
- Latitude
- 34.1059
- CBSA code
- 23580
- CBSA name
- GAINESVILLE, GA METROPOLITAN STATISTICAL AREA