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143 Patsy St
Benson, NC 27504

$1,493,794 USD

Daycare Center For Sale  •  7,280 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 7,733 SF
  • Lot Size 1.29 AC
  • Building Class C
  • Year Built 2007
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning IND
30 Walk Score

Highlights

Corporate guarantee from Child Development Schools, Inc., a leading national childcare provider and one of the top 5 operators in the country.
Rare 3% annual rental escalations with 10 years of term remaining on a Double Net (NN) Lease.
Located in the Raleigh–Durham (Triangle) MSA, widely recognized as the fastest-growing major metropolitan area in North Carolina.
The property is ideally positioned on a 1.29-acre lot between several large suburban neighborhoods and key employers in the area.
More than 5 major feeder elementary schools within a 5-mile radius, including Benson Elementary School, Meadow School Etc.
Total consumer spending on education and daycare exceeds $35 million annually within a 5-mile radius of this location.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Childcare Network 7,733 SF 6/30/2036

Amenities

  • Signage
  • Storage Space

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 47 min - 36.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 27
Type: Surface
Included in Rent: Yes
Andrew Gilbert 678-365-5168 Sands Investment Group
Andrew Gilbert 678-365-5168 Sands Investment Group