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7131 Market St
Wilmington, NC 28411

$5,403,534 USD

Daycare Center For Sale  •  12,355 SF

Property Details

• Property Type Daycare Center
• Total Building Size 12,355 SF
• Lot Size 1.67 AC
• Building Class B
• Year Built 2005
• Cap Rate 6.00 %
• Tenancy Single
• Zoning B-2

0 Transit Score

55 Walk Score

Highlights

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

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

Tenant Paying $25.22/ SF With No Renewal Options at End of Term

Strong Demographics With an Average Household Income of $92,319 and a Population of 44,108 Residents Within 3-Miles

The Center is Located Off Highway 17, a Primary Thoroughfare With High Visibility

Conveniently Located 15 Minutes From Wilmington International Airport

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cadence Academy Preschool	12,355 SF	12/31/2034

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
Wilmington International	17 min	-	7.9 mi

Parking Details

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