16604 Old Statesville Rd - Day Care Center FOR SALE
Huntersville, NC 28078 |
$5,500,000 USD
843-212-9319
16604 Old Statesville Rd
Huntersville, NC 28078
HIGHLIGHTS
- The Center is Operated By a Multi-Unit Franchisee With Several Locations Throughout the Country
- The Learning Experience Started in 1980 With 1 Center and Has Since Grown to 450+ Locations That Are Open or Under Development
- The Asset is 100% Leased to The Learning Experience on a Double Net (NN) Lease With 2% Annual Rent Increases
- Total Consumer Spending on Education and Daycare Exceeds $127 Million Annually Within a 5-Mile Radius of This Location
- Established Retailers Nearby Include: Lowe's, Kohl's, Target, Starbucks, Harris Teeter, Advance Auto Parts, Marshall's, Panera Bread & More
- Mecklenburg County is One of the More Affluent Counties in the United States With a Household Income of Over $116,537
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,040 SF The Learning Experience Located at 16604 Old Statesville Road in Huntersville, NC. The Asset is 100% Leased to The Learning Experience on a Double Net (NN) Lease With 2% Annual Rent Increases, 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
$5,500,000 USD
PRICE/SF
$498 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience - Huntersville, NC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2013
SPRINKLERS
-
PARKING SPACES
29
LAND DETAILS
LAND ACRES
1.33 AC
LAND SF
57,935 SF
ZONING
HCCD
APN/PARCEL ID
011-021-05
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843-212-9319
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843-212-9319
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