KIDDIE ACADEMY

1162 Auburn Rd, Dacula, GA 30019
$3,918,000

Cap Rate
6.75%
Year Built
1999/2017
Leasable Area
9,966 SF
Term Remaining
±15 YRS
NOI
$264,400
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Hedge Against Inflation:
    • 15-year lease with 2% annual increases in the original term and option periods
  • Full Enrollment with Growing Operator:
    • Located within a 5 minute drive of Hebron Christian Academy and Mulberry Elementary School, Kiddie Academy is ideally positioned to retain full enrollment in the years to come
    • To accommodate growing demand, operator is in the process of opening a second location to accommodate growing demand
  • Substantial Growth in Child Care Centers in the U.S.:
    • Currently a $57 Billion industry with 18 million children in daycare each week. The Child Care industry is forecast to reach $62.1 billion in the next 5 years
    • One in three families spend 20% or more of their annual household income on childcare
  • Dense, Affluent Demographics that are Ideal for a Child Learning Center:
    • Over 35,000 Households within 5-miles
    • 116,303 people within a 5-mile radius
    • Average Household Income of $128,059 within a 1-mile radius
  • Atlanta MSA:
    • The Atlanta MSA continues to be one of the largest and fastest growing MSAs in the United States with a population of over 6 million

Broker of Record

  • Kyle Matthews
  • License No. 80041 (GA)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203