Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in a new-construction, Children of America located in Lawrenceville (Atlanta MSA), Gwinnett County, GA (the "Property"). Children of America (COA) is one of the nation's leading early childhood education providers, bringing high-quality childcare solutions to communities across the country. COA currently has over 60 locations across 15 states, with another 12 locations in development increasing expansion across 19 states.
Children of America signed a fifteen (15) year NN lease plus two 5 year options. The lease features 2% annual increases beginning Year 6, 2.5% annual increases beginning Year 11 and then 3% annual increases during each option. The site features a 10,000 SF building plus two outdoor play areas and sits on 1.659 acres.
This will be the first of many Children of America locations in Georgia. COA chose this location due to the proximity of a large & affluent population base as well as a large retail concentration bringing in daytime customers. Within a 5 Mile radius, there are more than 67,225 Households with an average HH Income of $115,925 and a Population exceeding 208,167 People. The Property is located on Scenic Hwy, which has over 40,100 cars per day.