Marietta, GA - Big Blue Marble Academy

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 Marietta, Georgia (Atlanta MSA). The tenant, Big Blue Marble Academy, LLC has over 19 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 Powder Springs Rd SW, which averages 22,200 vehicles passing by daily and is a major retail thoroughfare serving the city of Marietta. The site is positioned across the road from Macland Pointe, a 80,000 square foot Publix anchored center that also features national/credit tenants including UPS, Chase Bank, and more. Additionally, The asset is ideally situated nearby multiple elementary schools, including Dowell Elementary School (859 students), Hollydale Elementary School (548 students), and Belmont Hills Elementary School (314 students), providing parents with an easy one-stop drop-off location for all of their children’s educational needs Furthermore, the asset is located just south of Battle Ridge Pavilion, a 113,000 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 Neighborhood Market, Food Depot, Dollar General, Walgreens, Dollar Tree, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 180,800 with an affluent average household income of $122,055.