704-285-2068
1951 Derita Rd, Concord, NC for Sale
Day Care Center - FOR SALE
1/7
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1951 Derita Rd
Concord, NC 28027


OVERVIEW

Avison Young - North Carolina, LLC, as exclusive broker, is pleased to present the opportunity to acquire a net lease, ±14,590 SF Daycare Center, located at 1951 Derita Rd in Concord, NC (“Property”). With a recent 10-year renewal in January 2022, the tenant is committed to this location as it has been in operation since 2011. This offers new ownership a stabilized asset with a long term hold approach. Recent capital improvements of repaving and reconfiguring the parking lot and loop access provides the new investor minimal future CapEx. Located adjacent to the Concord Airport & Oakmont Business Parks, minutes from Concord Mills, the property provides easy access from I-85 and surrounding neighborhoods, this facility will continue to have a growing waitlist while currently enrolling ~175 students.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

2.51 AC

LAND SF

109,336 SF

ZONING

LI

APN/PARCEL ID

4680-70-8273-0000

ASK ABOUT THIS PROPERTY

Chip GriffinAvison YoungMore Info
704-285-2068

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Chip GriffinAvison YoungMore Info
704-285-2068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.