1529 Mundys Mill Rd - Day Care Center FOR SALE
Jonesboro, GA 30238 |
$2,000,000 USD
818-540-8200
1529 Mundys Mill Rd
Jonesboro, GA 30238
HIGHLIGHTS
- Absolute NNN lease with ±9.5 years remaining and 1.5% annual increases.
- La Petite Academy is the second-largest childcare provider in the U.S. with 1,100+ locations.
- Tenant investing $500,000 in capital improvements, showing long-term commitment.
- Offered at $2,000,000, less than half the price of comparable daycare assets.
- Located in Atlanta MSA, a top 10 market with strong population growth.
- New 10-year corporate guaranteed lease with two 5-year options.
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$339 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
17
LAND DETAILS
LAND ACRES
0.68 AC
LAND SF
29,621 SF
ZONING
GB
APN/PARCEL ID
06-00062-063-012
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818-540-8200
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818-540-8200
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