5754 Attucks Blvd, Morrow, GA 30260-3902
- Day care centers
- 9,650 SF
- 2.30 lot acres
Current Use by Public Records
- C Alexander Learning Academy / Daycare Center
- Angels Stars Learning Center / Daycare Center / Foster Care Service
- Sneakerhead Youth / Association / Organization
Property Details for 5754 Attucks Blvd
- Year built
- 1997
- Lot size
- 2.30 lot acres
- Zone code
- GB
- Property type
- Day care centers
- APN
- 12-148A- I-009
- APU
- 12148AI009
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 30, 2025 | $2,575,000 | Technoworld Properties LLC | Ga Net Acquisitions LLC | Warranty Deed | $2.1M · Alabama Credit Union |
| Dec 9, 2019 | $1,850,000 | Ga Net Acquisitions LLC | Zillionaire Assets LLC | Grant Deed | $1.4M · Silver Hill Fndg LLC |
| Jul 1, 2019 | $1,737,500 | Zillionaire Assets LLC | King Group Mgmt LLC | Grant Deed · related | $1M · Silver Hill Fndg LLC |
| Dec 19, 2011 | $825,000 | Jabreka Cameron | Us Bank NA 2007-3 | Grant Deed | — |
| Oct 19, 2010 | $1,309,000 | Lehman Brothers Small B 2007-3 | Hurt,antonio & Stephanie | Trustees Deed · related | — |
| — | — | Antonio Hurt | — | Deed Of Trust · related | $2.4M · Lehman Brothers Bank Fsb |
| — | — | Ogletree,pamela Y & Gerald E | — | Deed Of Trust · related | $260k · Unity Nat'l Bk |
| — | — | Ogletree,pamela Y & Gerald E | — | Deed Of Trust · related | $51k · Unity Nat'l Bk |
Description
This exceptional investment opportunity presents a 14,367-square-foot daycare center in Morrow, Georgia, currently operating under a net lease with C. Alexander Learning Academy. The property boasts a 9.11% cap rate and a substantial net operating income (NOI) of $264,314. Situated on a 2.3-acre corner lot at 5754 Attucks Boulevard, the center benefits from high visibility and convenient access. The lease, initiated January 23, 2019, and expiring January 22, 2029, includes annual rent increases of 3%, providing consistent income growth. The tenant is responsible for all operating expenses, except for roof and structure maintenance, minimizing landlord responsibilities. The property's strategic location within the Atlanta MSA, near major transportation arteries and numerous retail establishments including Kroger, Walgreens, and Walmart, ensures strong tenant demand and high visibility. A new roof was installed last year, and a renovation was completed five years prior. This investment offers a secure, high-return opportunity in a thriving market with a remaining lease term of approximately 4.2 years. The property's strong location within a densely populated area with high consumer spending on education and daycare further enhances its investment appeal. The surrounding area includes numerous elementary schools, supporting the daycare's consistent enrollment.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,288,000
Market price range: $429k - $1.49M -
Alternative Use
- Use
- Estimation
- COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
- $1,340,000 Current use
- OFFICE BUILDING
- $1,595,000 Change: +19% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,440,000 Change: +7% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $1,365,000 Change: +2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Morrow
- County
- Clayton
- State
- Georgia
- Longitude
- -84.3183
- Latitude
- 33.5974
- CBSA code
- 12060
- CBSA name
- ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA