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109 W Perry Rd
Myrtle Beach, SC 29579

$3,339,892 USD

Daycare Center For Sale  •  10,100 SF

Property Details

• Property Type Daycare Center
• Total Building Size 10,100 SF
• Lot Size 1.34 AC
• Building Class C
• Year Built 1999
• Cap Rate 6.50 %
• Tenancy Single

0 Transit Score

50 Walk Score

Highlights

Cadence Education is One of the Largest Private Childcare Providers in the United States with 30+ Years of Operating History

11+ Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators

Tenant Paying $21.49/ SF With No Renewal Options at End of Term

Located Less Than 8-Miles From Myrtle Beach International Airport, This Center Has High Visibility From Highway 501

Nearby Retailers Include: Tanger Outlets, Publix Supermarket, Kroger, Costco, Walmart Supercenter, Lowe's, Starbucks and Dunkin'

Nearby Feeder Elementary Schools Include Carolina Forest, Forestbrook and River Oaks

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cadence Academy Preschool	10,100 SF	12/31/2034

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
Myrtle Beach International	16 min	-	8.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	25
Type:	Surface
Included in Rent:	Yes