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CARRINGTON ACADEMY

$4,580,000 | 6.75%

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6670 Shiloh Road
Alpharetta, Georgia

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Triple-Net Lease with Corporate Guarantee
– 10 Years Remaining on Lease Term and Three | Five-Year Option Periods
– 10 Percent Rent Increases Every Five Years | Next Rent Increase in 2025
– Guaranteed by SEG, Incorporated | 230 Locations

Build-to-Suit | Prototype Building Constructed in 2015 | Large 11,130-Square Foot Facility | Very Strong Enrollment at this Facility

High-Growth Submarket | Alpharetta is Georgia’s Fastest Growing Large City | Future Job Growth Predicted to be 50.1 Percent Over Next 10 Years

Located at Entrance to Windward Business Center | Home to UPS Data Center, McKesson, ADP, Equifax and Many More

Excellent Demographics | 172,023 People Live Within Five Miles of Subject Property With an Average Household Income of $156,585
– 15 Percent Population Increase Expected by 2024

Adjacent to Several New Luxury Multi-Family Developments
– Four Halcyon Developments Including Everleigh Halcyon Village, Empire Halcyon, Elan Halcyon and Monte Hewett Homes | 700 Total Units
– Waterstone at Big Creek | 370 Units
– The Venue Big Creek | 384 Units
– Walton Communities Apartment Homes | 200 Units

 

Contact

ADRIAN MENDOZA
First Vice President Investments
Tel: (630) 570-2163
Adrian.Mendoza@marcusmillichap.com

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