LISTING PHOTOS Click photo to enlarge 1675 Hembree Road

MLS # 1675 Hembree Road Alpharetta ($5,900,000) Alpharetta, GA This two-tenant, fully leased facility offers a first year cap rate of approximately 8%! The current tenants are successful schools; a large charter school which has operated in the property for six years and a smaller school for autistic children which moved in a year ago. The leases run through 2012 and 2010,respectively, plus renewal options. These buildings total approximately 47,460 sq ft and are situated on an approximately 4.46 acre corner site. The buildings were built in 1984 and were renovated and converted into schools in 2002. There is strong demand for school facilities in this market with demand poised to increase based on demographics produced by the city of Alpharetta (see page 13). Priced at $5,900,000 the property offers positive leverage on a safe 8% cap rate investment producing good cash flows. Return estimates in the first year alone may exceed 12%. Please do not disturb the tenants & do not visit site. Courtesy of Bull Realty Call Lori Miller with Invest Atlanta Commercial Realty at 678-362-7152. Type:  Near School:  Rooms:  Near Transit:  Bathrooms:  Ocean View:  Stories:  Lake View:  Square Feet:  Mountain View:  Lot Size:  Ocean Waterfront:  Age of Home:  Lake Waterfront:  Fireplaces:  River Waterfront:  Appliances:  Listed by:  Georgia Courtesy Listings  (View Ours PLUS Courtesy listings) View Map:  Click Here to view map of area