Daycare Center For Lease • 6,400 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste 1 | Retail | 6,400 SF | $9.96 USD/SF/YR | |
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Sands Investment Group is pleased to exclusively offer for lease the 6,400 SF Vacant Early Education Center located at 1250 Bay Valley Road in Kenly, NC. This offering is targeting an Absolute Triple Net (NNN) Lease With a 15-year term, 2% annual rent increases, and an attractive rental rate of $9.96 PSF. In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
| Absolute Triple Net (NNN) Lease with a targeted 15-year term, 2% annual rent increases, and a rental rate of $9.96 PSF. |
| Offered at $9.96 PSF, which is below nearby retail and office rents, positioned 40 minutes east of Raleigh in the Raleigh/Durham MSA. |
| Below-market rent allows tenants to allocate capital toward interior improvements, specialized equipment, and customized buildouts. |
| The property is ideally positioned on a 5.43-acre lot between several large suburban neighborhoods and many key employers in the area. |
| A 15-year lease term provides operators with the ability to establish and grow a durable presence in the strong Raleigh/Durham MSA & Johnston County. |
| Well-suited for owner-users and expanding early education or office operators seeking a visible, well-located footprint in East Raleigh. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Childcare Network - Kenly, NC (Lease) |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 20 |
| Type: | Surface |
| Included in Rent: | Yes |