SRS Real Estate Partners has completed the $5.68 million sale of a Kiddie Academy property located at 5331 Thompson Mill Road in Braselton, Georgia. Situated on just under a one-acre parcel, the 10,000-square-foot property was built in 2024 and has a new 20-year, absolute triple net lease in place.
SRS Capital Markets Senior Vice President & Managing Principals Britt Raymond and Kyle Fant, and Vice President Sabrina Sapienza, represented the seller, a Southeast-based developer, as well as the buyer, a Northeast-based private investor who was in a 1031 exchange.
Fant said, “National daycare operators provide a rare opportunity to secure a proven national tenant at high-6% to mid-7% yields – often in high-income, high-growth markets with strong demand for early education. With childcare needs rising alongside dual-income households, the sector continues to show exceptional resilience and long-term strength.”
“This transaction was mutually beneficial for both the buyer and the seller,” said Raymond. “Our SRS team executed a successful disposition of a new construction early childcare asset for the seller, and we also assisted the purchaser in acquiring a strong investment that met his 1031 and yield requirements.”
The highly visible property fronts Thompson Mill Road and provides two access points for easy pick up and drop off. The Kiddie Academy property is also well-located in Braselton, a city that has increased in population by approximately 23% since 2020, creating a growing demand for early child education. There are several nearby apartment properties that have recently been completed as well as other large-scale mixed-use developments underway, including Arcadia 347, a 108-acre project and Thompson Mills Village, a 100-acre project. All of this growth bodes well for future childcare demand.
This year, SRS Capital Markets has completed more than $2.2 billion in deal volume comprised of more than 650 transactions across the nation. SRS currently has in excess of 845 properties actively on the market with a market value surpassing $3.7 billion.
About SRS Real Estate Partners
Founded in 1986, SRS Real Estate Partners is building upon its retail foundation to provide extensive commercial real estate solutions to tenants, owners, and investors. Headquartered in Dallas, with 29 offices in the U.S., SRS has grown into one of the industry’s most influential and respected leaders. Our commitment to excellence is strengthened by our Guarantee of Value and our success is measured in the achievement of our clients’ objectives, satisfaction, and trust. For more information, please visit srsre.com.