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CHILDREN'S LEARNING ADVENTURE | AFFLUENT AREA 13175 Cogburn Rd 55,737 SF Retail Building Alpharetta, GA 30004 $11,167,360 CAD ($200.36 CAD/SF) 7.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15 Year Absolute Net Lease Featuring 7% Rental Increases Every 5 Years throughout the Initial Term and Options.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $161k (Twice the National Average).
  • Excellent Centralized Location - Many People choose Milton as the Place to Raise their Families.
  • Children’s Learning Adventure is a Childcare Facility and the Industry Leader in Offering the Highest Quality Programs for Children.
  • The City of Milton is Consistently Recognized as One of the Safest Cities in the State and the Nation, with a Low Crime Rate and High Quality of Life.
  • Excellent Child Care Location & Close Proximity to Local Schools including Hopewell Middle School, St. Francis High School and Cambridge High School.

EXECUTIVE SUMMARY

15 Year Absolute Net Lease | Densely Populated & Affluent Atlanta Suburb - $161k+ Avg. HHI - Milton is one of the Wealthiest Cities in Georgia | Excellent Child Care Location | W/in Strong Retail Trade Corridor | Milton considered one of the Safest Cities in the State and the Nation
Georgia Broker of Record: John Leonard | 1100 Abernathy Rd., N.E. Bldg. 500, Ste. 600 Atlanta, GA 30328 | P: (678) 808-2700 | Lic #: 252904 | John.Leonard@MarcusMillichap.com

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
55,737 SF
Building Class
B
Year Built
2015
Price
$11,167,360 CAD
Price Per SF
$200.36 CAD
Cap Rate
7.50%
NOI
$837,552 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
4.17 AC
Zoning
C-2
Parking
51 Spaces (0.92 Spaces per 1,000 SF Leased)

AMENITIES

  • Security System
  • Signage
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Children's Learning Adventure
  • Retailer
  • 55,737 SF
  • -
  • Triple Net
  • Feb 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Children's Learning Adventure Retailer 55,737 SF - Triple Net Feb 2040

NEARBY MAJOR RETAILERS

Planet Fitness
D1 Sports Training
Kroger
Navy Federal Credit Union
PNC Bank
Renasant Bank
Starbucks
Caribou Coffee
Truist
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-5110-1040-042-2
Land Assessment
$883,327 CAD
Improvements Assessment
$1,894,125 CAD
Total Assessment
$2,777,452 CAD
  • Listing ID: 35396312

  • Date on Market: 2025-04-07

  • Last Updated:

  • Address: 13175 Cogburn Rd, Alpharetta, GA 30004

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