143 Patsy St - Day Care Center FOR SALE
Benson, NC 27504 |
$1,493,794 USD
678-365-5168
143 Patsy St
Benson, NC 27504
HIGHLIGHTS
- Corporate guarantee from Child Development Schools, Inc., a leading national childcare provider and one of the top 5 operators in the country.
- Rare 3% annual rental escalations with 10 years of term remaining on a Double Net (NN) Lease.
- Located in the Raleigh–Durham (Triangle) MSA, widely recognized as the fastest-growing major metropolitan area in North Carolina.
- The property is ideally positioned on a 1.29-acre lot between several large suburban neighborhoods and key employers in the area.
- More than 5 major feeder elementary schools within a 5-mile radius, including Benson Elementary School, Meadow School Etc.
- Total consumer spending on education and daycare exceeds $35 million annually within a 5-mile radius of this location.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 7,733 SF Childcare Network located in Benson, NC. The property features rare 3% annual rent escalations, 10 years of lease term remaining, and a Double Net (NN) Lease with limited landlord responsibilities for the roof and structure, providing investors with stable cash flow and long-term income growth.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
FOR SALE DETAILS
PRICE
$1,493,794 USD
PRICE/SF
$193 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Childcare Network - Benson, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
CROSS STREETS
Annette Dr
LAND ACRES
1.29 AC
LAND SF
56,192 SF
ZONING
IND
APN/PARCEL ID
13E04042M
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678-365-5168
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678-365-5168
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