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Listed by Daniel Bennett • NAI Elrod Group
$ 4,650,000
Est. payment /mo
Active
3515 Sugarloaf Pkwy Lawrenceville, GA 30044
3.27 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 10421745
Construction Status Resale
Year Built 2002
Annual Tax Amount $47,147
Tax Year 2024
Lot Size 3.270 Acres
Property Description
Property Description: A standout investment opportunity, this Legacy Academy facility combines stability and growth potential in the rapidly expanding market of Lawrenceville. The property, a 12,290 SF center built in 2002, sits on a 2.77-acre lot, offering ample parking and a spacious layout. With a new 10-year NNN lease commencing at closing, a 10% rent increase at the beginning of year 6, and a 10% rent bump in each 5-year renewal term, this property ensures reliable income and excellent return potential. Operated by a successful and established franchisee, this center is a cornerstone of early childhood education in the community. Area Description: Lawrenceville, GA, is a dynamic hub within Gwinnett County, known for its rapid residential and economic development. The area features a diverse population, excellent schools, and significant commercial growth. This property benefits from its strategic location near major highways, retail hubs, and residential communities, ensuring sustained demand for its services.
Location
State GA
County Gwinnett
Zoning OI
Interior
Heating Central
Cooling Electric
Flooring Laminate
Exterior
Parking Features Parking Lot, Paved
Garage Spaces 30.0
Utilities Available Sewer Available, Water Available
Roof Type Composition
Building
Sewer Public Sewer
Construction Status Resale
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