120 Business Park Dr - Day Care Center FOR SALE
Indian Trail, NC 28079 |
$1,947,000 USD
818-540-8200
120 Business Park Dr
Indian Trail, NC 28079
HIGHLIGHTS
- Childtime Learning Centers is a well-established brand under the Learning Care Group (LCG) umbrella, which ranks as the second-largest childcare provi
- Backed by American Securities, a global private equity firm with approximately $23 billion in committed capital, the tenant benefits from institutiona
- The tenant has operated at the site for 15+ years and recently executed a new 10-year lease extension, reflecting strong location performance and long
- The asset is priced below replacement cost with below-market rent per square foot, enhancing tenant operating margins and providing long-term value pr
- Positioned within the Charlotte MSA—one of the fastest-growing markets in the U.S.—the area is projected to see over 50% population growth by 2050, su
- The U.S. childcare market reached $59.87B in 2023 and is projected to grow to $73B by 2030 (source: Towards Healthcare), reinforcing the long-term via
FOR SALE DETAILS
PRICE
$1,947,000 USD
PRICE/SF
$272 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Childtime
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
42
LAND DETAILS
LAND ACRES
1.55 AC
LAND SF
67,466 SF
ZONING
B4
APN/PARCEL ID
07-084-413
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818-540-8200
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818-540-8200
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