24 Briar Cliff Dr - Day Care Center FOR SALE


Clayton, NC 27527
$5,451,031 USD
332-345-4222
24 Briar Cliff Dr, Clayton, NC for Sale
$5,451,031 USD
Day Care Center - FOR SALE
1/2
null | 6.75% Cap Rate

24 Briar Cliff Dr
Clayton, NC 27527


HIGHLIGHTS

  • Premier Early Childhood Education has Been Successfully Operating and Growing Since 2018
  • The Tenant/Guarantor Now Operates 120 Locations, with numerous others under LOI for acquisition.
  • Clayton, NC, Is Experiencing Significant Growth, With Its Population Doubling Since 2000

OVERVIEW

About the Investment Long-Term, 20-Year Absolute Triple Net (NNN) Lease Approximately 17.4 Years Remaining Annual Increases | Lesser of CPI or 2% Two(2), Five (5)-Year Tenant Renewal Options Strong Enrollment Numbers | Contact Agent for Details The Childcare Market Has Increased To A $65.1 Billion Valuation In 2023 With Growth Expected To Compound At Nearly 4% Through 2027 Early Education Has Seen A 210% Revenue Increase Over The Last Five Years Over 60% of families with young children have both parents working, creating a strong need for childcare.

FOR SALE DETAILS

PRICE

$5,451,031 USD

PRICE/SF

$389 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Growing Years

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

CROSS STREETS

Glen Laurel Rd

LAND ACRES

2.16 AC

LAND SF

94,090 SF

ZONING

PUD

APN/PARCEL ID

05I04003W

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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