3 Twin Brook Dr - Day Care Center FOR SALE
Clemmons, NC 27012 |
$5,485,000 USD
650-678-7200
3 Twin Brook Dr
Clemmons, NC 27012
HIGHLIGHTS
- Brand-new 15-year lease featuring above market 2.25% annual rental increases
- Absolute NNN structure making this a truly “hands-off” investment
- Lease is guaranteed by tenant’s ultra high net worth founder
- Strong intrinsics – rent at $34/ft and price per foot of $457
- Large 2.50 acre lot
- Very strong guarantor – 9-figure net worth (speak with Agent)
OVERVIEW
A 15-year absolute net Nest School lease featuring above market 2.25% annual rental increases and backed by an ultra high net worth guarantor. Numerous factors provide great intrinsic value for any potential investor include replaceable rent ($34/sf), large lot size (2.50 acres), and low price per foot ($457).
FOR SALE DETAILS
PRICE
$5,485,000 USD
PRICE/SF
$457 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Nest Schools
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.5 AC
LAND SF
108,900 SF
ZONING
C
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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650-678-7200
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650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
