7050 Fayetteville Rd - Day Care Center FOR SALE
Raeford, NC 28376 |
$1,925,185 USD
678-365-5168
7050 Fayetteville Rd
Raeford, NC 28376
HIGHLIGHTS
- This Asset is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporately Backed By Learning Care Group, Inc., Which is the 2nd Largest For-Profit Childcare Company in North America
- 8+ Feeder Elementary Schools within a 5-Mile Radius
- Total Consumer Spending on Education and Daycare Exceeds $21 Million Annually Within a 5-Mile Radius of This Location
- Ideally Located Just Off US 401, Which Sees Over 30,821 VPD
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,576 SF The Children's Courtyard Located at 7050 Fayetteville Road in Raeford, NC. This Deal Includes an Asset Which is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities - 11.5 Years of Term Remaining, Providing For a Secured Investment.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
FOR SALE DETAILS
PRICE
$1,925,185 USD
PRICE/SF
$174 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Children's Courtyard - Raeford, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.22 AC
LAND SF
140,263 SF
ZONING
-
APN/PARCEL ID
494560401079,494560401080
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678-365-5168
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