$3,216,193 USD
512-543-7437
1966 Magwood Dr
Charleston, SC 29414
West Ashley
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States, With 30+ Years of Operating History and Almost 300 Locations
- 9+ Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
- Located 15 Minutes From Charleston International Airport (CHS)
- 8 Elementary Feeder Schools Within a 5-Mile Radius
- Average Household Income of $94,114 and a Population of 118,473 Residents Within a 5-Mile Radius
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 10,100 SF Cadence Academy Preschool Located at 1966 Magwood Drive in Charleston, SC. This Deal Includes 9+ Years on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Unique Investment.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
FOR SALE DETAILS
PRICE
$3,216,193 USD
PRICE/SF
$318 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy Preschool - Charleston, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront Retail/Office, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
1.84 AC
LAND SF
80,150 SF
ZONING
-
APN/PARCEL ID
309-00-00-029
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512-543-7437
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512-543-7437
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