STATUS: Closed
Location: 980 Wiley Bridge Road, Woodstock, GA
Building Size: 6,639 SF
Property Type: Childcare
Term: Expires May 2027
Cap Rate: 8%
Occupancy: 100%
No. Stories: 1
Tenancy: Single
The Sunshine House is located at the intersection of Wiley Bridge and Highway 92 in Woodstock, GA. The property is approximately six miles east of Interstate 575, and sits on the near corner of the intersection driving west. Located approximately thirty miles North of Atlanta, parents find the location to be convenient to drop-off traffic heading in to the morning commute.
The 20-year lease commenced June of 2007, and has rent escalations every 5th year. The building occupies approximately 6,639sf on a 1.4 acre parcel of land. The property is immediately surrounded by undeveloped land, and the corridors feeding the traffic are blanketed with residential development. In 2007, Woodstock was the 10th fastest growing county in the United States.
Woodstock is located in Cherokee County. The estimated 2016 population in Woodstock is 30,929 and the median age is 34. The 1 year job growth rate is 34.2%. Cherokee Counties employers include: Pilgrims’ Pride, Chart Industries, Meyn America, Inc., and Universal Alloy Corporation.
Woodstock, GA