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 Charlotte Douglas International Airport (CLT)
- Average Household Income of $94,441 and a Population of 137,997 Residents Within a 5-Mile Radius
- 8 Elementary Feeder Schools Within a 5-Mile Radius
- Charlotte Has $1 billion in Residential Redevelopment Underway to Support the Growing Population
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,964 SF Cadence Education Located at 9206 Reames Road in Charlotte, NC. This Deal Includes a 9+ Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators, 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
$5,926,394 USD
PRICE/SF
$457 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Education - Reames - Charlotte, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Day Care Center, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.26 AC
LAND SF
141,918 SF
ZONING
INSTCD
APN/PARCEL ID
025-113-02
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512-543-7437
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