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16604 Old Statesville Rd
Huntersville, NC 28078

$5,500,000 USD

Daycare Center For Sale  •  11,040 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 11,040 SF
  • Lot Size 1.33 AC
  • Building Class B
  • Year Built 2013
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning HCCD
0 Transit Score
35 Walk Score

Highlights

The Center is Operated By a Multi-Unit Franchisee With Several Locations Throughout the Country
The Learning Experience Started in 1980 With 1 Center and Has Since Grown to 450+ Locations That Are Open or Under Development
The Asset is 100% Leased to The Learning Experience on a Double Net (NN) Lease With 2% Annual Rent Increases
Total Consumer Spending on Education and Daycare Exceeds $127 Million Annually Within a 5-Mile Radius of This Location
Established Retailers Nearby Include: Lowe's, Kohl's, Target, Starbucks, Harris Teeter, Advance Auto Parts, Marshall's, Panera Bread & More
Mecklenburg County is One of the More Affluent Counties in the United States With a Household Income of Over $116,537
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
The Learning Experience 11,040 SF

Amenities

  • Freeway Visibility

Public Transportation

AirportDriveWalkDistance
Concord-Padgett Regional 20 min - 11.9 mi
Charlotte/Douglas International 35 min - 24.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 29
Type: Surface
Included in Rent: Yes
Andrew Gilbert 843-212-9319 Sands Investment Group
Andrew Gilbert 843-212-9319 Sands Investment Group