Woodstock, GA - Big Blue Marble Academy
$4,197,000
12055 Hwy 92, Woodstock, GA 30188
6.35
Cap Rate
266,488
NOI
Details:
Description:
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, corporate signed, freestanding Big Blue Marble Academy investment property located in Woodstock, Georgia (Atlanta MSA). The tenant, Big Blue Marble Academy, LLC has over 18 years remaining on their current lease with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases throughout the initial term and option periods, steadily growing NOI and hedging against inflation. The lease is NNN leased with minimal landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor.
The property is located adjacent to State Highway 92, which averages 63,100 vehicles passing by daily and is a major retail thoroughfare serving the city of Woodstock. The site is positioned across the road from the Centre at Woodstock, an 87,000 square foot Publix anchored center that also features national/credit tenants including UPS, Pet Supermarket, and more. Additionally, The asset is ideally situated nearby multiple elementary schools, including Davis Elementary School (297 students), Little River Elementary School (1,305 students), and Arnold Mill Elementary School (819 students), providing parents with an easy one-stop drop-off location for all of their children’s educational needs. Furthermore, the asset is positioned just south of Woodstock Crossing, a 66,000 square foot Kroger grocery anchored center. The property is in the center of a primary retail corridor with other nearby national/credit tenants including a Walmart Supercenter, Sam’s Club, The Home Depot, Lowe’s Home Improvement, Kohl’s, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 162,700 with an affluent average household income of $146,328.
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