Active
3515 Sugarloaf Parkway
Lawrenceville GA, 30044
$4,650,000
$378.36 per sqft
Active
12,290 sqft
Commercial
Built in 2002
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.
10421745
MLSⓇ ID
December 3, 2024
Listed
December 17, 2024
Updated
Map
3515 Sugarloaf Parkway
Lawrenceville GA, 30044
Interior Features
Floor Description
Laminate
Fireplace
No
Cooling
Yes
Cooling Description
Electric
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
3.27 Acres
Lot Features
Level
Roof
Composition
Sewer
Public Sewer
Other Property Details
Taxes
$47,148
Tax Frequency
Annually
Days on Market
14
Garage
No
Parking
Parking Lot, Paved
Parking Total
30
View
No
County
Gwinnett
Water Source
Public
Pool
No
Listed with NAI Elrod Group
Based on information from Georgia MLS as of 12/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
©2024 Georgia MLS. All rights reserved. Information deemed reliable but not guaranteed.
Data last updated 6:49 AM UTC, 12/17/2024