109 W Perry Rd - Day Care Center FOR SALE
Myrtle Beach, SC 29579 |
$3,339,892 USD
512-543-7437
109 W Perry Rd
Myrtle Beach, SC 29579
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States with 30+ Years of Operating History
- 11+ Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
- Tenant Paying $21.49/ SF With No Renewal Options at End of Term
- Located Less Than 8-Miles From Myrtle Beach International Airport, This Center Has High Visibility From Highway 501
- Nearby Retailers Include: Tanger Outlets, Publix Supermarket, Kroger, Costco, Walmart Supercenter, Lowe's, Starbucks and Dunkin'
- Nearby Feeder Elementary Schools Include Carolina Forest, Forestbrook and River Oaks
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 10,100 SF Cadence Academy Preschool Located at 109 West Perry Road in Myrtle Beach, SC. This Deal Includes 11+ 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
$3,339,892 USD
PRICE/SF
$331 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy Preschool - Myrtle Beach, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.34 AC
LAND SF
58,370 SF
ZONING
-
APN/PARCEL ID
39915030028
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512-543-7437
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512-543-7437
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