GA > Snellville
Snellville, GA 30078,1560 Summit Chase DR
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Snellville, GA 30078,1560 Summit Chase DR
Snellville, GA 30078,1560 Summit Chase DR
Snellville, GA 30078,1560 Summit Chase DR
Snellville, GA 30078,1560 Summit Chase DR
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Mickey Hyams | REALTOR

Mickey Hyams | REALTOR

+1(404) 435-3400
$ 4,550,000
Est. payment /mo
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Active

1560 Summit Chase DR Snellville, GA 30078

12,386 SqFt

UPDATED:

01/16/2025 05:01 PM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,386 sqft

Price per Sqft $367

MLS Listing ID 10421532

HOA Y/N No

Originating Board Georgia MLS 2

Year Built 2005

Annual Tax Amount $30,450

Tax Year 2024

Lot Size 1.680 Acres

Acres 1.68

Lot Dimensions 1.68

Property Sub-Type Commercial

Property Description

Property Description: This premier Legacy Academy location offers a compelling investment opportunity with a newly executed 10-year NNN lease at closing. The tenant, a franchisee of Legacy Academy, operates this custom-built state-of-the-art early childhood education center, catering to the growing demand for high-quality childcare and education in Snellville. This facility, built in 2005 and spanning approximately 12,386 SF, is situated on 1.68 acres. With a 10% rent increase in Year 6 of the lease and 10% rent bump in each 5-year renewal term, this asset provides stable cash flow and long-term investment value. Area Description: Snellville, GA, is a thriving community in Gwinnett County with a robust local economy, excellent schools, and family-oriented amenities. The area benefits from consistent population growth, driven by its proximity to Atlanta, competitive housing market, and a high quality of life. This property is ideally located near residential neighborhoods, retail centers, and major thoroughfares, making it a convenient choice for families.

Location

State GA

County Gwinnett

Zoning OP

Interior

Heating Central

Cooling Electric

Flooring Laminate

Fireplace No

Exterior

Parking Features Parking Lot

Garage Spaces 32.0

Utilities Available Sewer Available, Water Available

View Y/N No

Roof Type Composition

Total Parking Spaces 32

Garage No

Private Pool No

Building

Lot Description Level

Faces From the intersection of Hwy 78 & 124, take US-78 E/Main St E toward Civic Dr SW for 2.3 miles. Turn right on Summit Chase Drive, and the property will be on your left.

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction No

Others

Tax ID R5069 280

Special Listing Condition Resale

Georgia MLS - GAMLS
© 2025 Georgia Multiple Listing Service. All Rights Reserved.
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Mickey Hyams | REALTOR

CEO

+1(404) 435-3400

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