Phyl's Academy NNN Property For Sale — Jonesboro, GA · 20,000 SF
Jonesboro, GA 30236
Exceptional absolute NNN investment opportunity featuring Phyl's Academy. The property features a multi-building campus totaling 20,000 square feet across six buildings, complete with a playground and swimming pool, situated on a 2.83-acre site. The tenant will execute a 10-year NNN sale-leaseback upon purchase. Strategically located along Highway 138 with traffic counts of approximately 20,000 vehicles per day, the property offers convenient access just under two miles from Interstate 75 and Interstate 675. The surrounding area includes strong commercial and medical developments, including the Lake Spivey Office complex, major retailers, and established residential neighborhoods.
- Address: Jonesboro, GA 30236
- Asking price $2.40M
- 6.25% cap rate
- NOI $150,000
- 10 years remaining
- NNN lease
- Building size: 20,000 SF
- Lot size: 2.83 acres
- Guarantor: Corporate
Location
This Phyl's Academy property is in Jonesboro, Georgia.
Asset type: School / Daycare / Educational