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Views: 112 DOM: 462 Updated: 09.12.24 Posted: 06.13.23 Status: Active

Summary

Price $2,000,000
Built/Renov 2008
Tenant Big Blue Marble Academy
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 9,790
Lease Start 10-21-2021
#Units 56
Price/SF $204.29
Expiration 10-31-2036
Tenant Type Daycare/Education
NOI $130,000
R. Term 12.1
Ownership Fee Simple
Rent/SF $13.28
Increases 2.0%/1/yrs
Pop 5Mi 23,435
Lot/AC 1.99
Options 2/5yrs/2%
AHHI 5Mi $120,754

Lease Highlights

  • The tenant has 11+ years remaining on their primary lease with 2 (5-year) options to extend
  • The lease features 2% annual rental increases
  • Absolute NNN lease with zero landlord responsibilities
  • Corporate guaranteed lease from Big Blue Marble

Location Description

Big Blue Marble Academy is strategically located along Rocky Branch Road in Bogart, GA. The subject property is near several feeder elementary schools including Rocky Branch, Malcom Bridge, Dove Creek, and Oconee County Elementary School. The immediate trade area is also home to nearby tenants that include Hollander Senior Living, Walmart Supercenter, Sam’s Club, Plato’s Closet, Piedmont Urgent...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Founded in 2012, Big Blue Marble Academy operates schools providing early care, preschool, after school care, and summer camp for children ages 6 weeks to twelve years . BBMA nurtures little minds...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 1,004 9,266 29,291
2023 Total Population : 956 8,788 27,751
2023 Employed Civilian Pop : 497 4,395 13,889
2023 Total Businesses : 14 178 1,015
2023 Average Household Income : $ 136,566 $ 150,722 $ 131,480
2023 Total Consumer Spending : $ 34 M $ 359 M $ 1096 M
2023 Median Age : 42 42 40
2023 Total Households : 293 2,828 9,774
2023 Pop Age 25+: Bachelor's Degree : 192 1,548 5,031
2023 Average Home Value : $ 388,397 $ 433,846 $ 408,242
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Snows Mill Road Aycock Rd 2021 2,710 0.52 mi
Hog Mountain Road Cole Springs Rd 2021 8,390 0.70 mi
Hodges Mill Road Malcom Bridge Rd 2019 1,850 0.82 mi
Clotfelter Road Snows Mill Rd 2019 1,010 0.93 mi
Hog Mountain Rd Cole Springs Rd 2005 9,700 1.17 mi
Malcom Bridge Road Rocky Branch Rd 2021 4,520 1.59 mi
Dick Budd Rd Rays Church Rd 2003 150 1.86 mi
Hog Mountain Road Princeton Farms Dr 2021 6,880 1.92 mi
Snows Mill Road LnCreek Rd 2021 1,340 1.99 mi
Hog Mountain Road Parker Creek Rd 2021 9,250 2.02 mi

Listing Broker

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