321 Scuffletown Rd - Day Care Center FOR SALE


Simpsonville, SC 29681
$5,310,000 USD
864-640-7310
321 Scuffletown Rd, Simpsonville, SC for Sale
$5,310,000 USD
Day Care Center - FOR SALE
1/15
null | 6.75% Cap Rate

321 Scuffletown Rd
Simpsonville, SC 29681


HIGHLIGHTS

  • Absolute NNN sale-leaseback investment deal - lease to be negotiated
  • Located in prestigious Five Forks - A+ demographics in Greenville County SC

OVERVIEW

Aline Capital is pleased to offer a sale-leaseback investment opportunity for a ±12,358 SF office property in Simpsonville, South Carolina. This property sits on ±1.783 acres and boasts numerous upgrades and amenities, as well as a premium location in Five Forks, one of the premier residential and commercial corridors in Greenville County. Kiddie Academy currently operates a first-class early childhood education facility at the property. With an enrollment of 180 students and 2024 revenues of over $2.4 million, Kiddie Academy has become a highly successful business under its current owners, Erin and Dan Wackerhagen. Since purchasing the business in 2021, the Wackerhagens have nearly doubled revenues, performed numerous renovations to the property including a new roof in 2024, and improved teacher compensation and retention. The Wackerhagens are now looking to sell the property and lease it back at a market rental rate to free up cash for a variety of purposes, including paying off the mortgage and business loan, reinvesting into the business and property, and similar uses. The Wackerhagens are open to a long-term absolute NNN lease with a rental rate of $29/SF and an asking price of $5.31 million, which generates a 6.75% Cap Rate. This sale-leaseback deal offers a unique opportunity for an investor seeking stable returns from a quality office property with a thriving, long-term tenant in one of the country’s most dynamic economic regions.

FOR SALE DETAILS

PRICE

$5,310,000 USD

PRICE/SF

$430 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

46

LAND DETAILS

LAND ACRES

1.78 AC

LAND SF

77,537 SF

ZONING

O-D

APN/PARCEL ID

0548.02-01-034.01

ASK ABOUT THIS PROPERTY

Chris SchweighartAline CapitalMore Info
864-640-7310

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

Chris SchweighartAline CapitalMore Info
864-640-7310

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