Historical Retail Sale Listing - The Learning Experience

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The Learning Experience

464 Williamson Road, Mooresville, NC 28117

The Learning Experience
  • N/A
  • 10,034 SF
  • Retail
  • Day Care Facility/ Nursery
  • Net Lease Investment with 10+ years left on lease
  • 2%
  • 7.75%
  • 100%
  • Single
Last Verified  3/24/2010 Listing ID  15987630

Description

The subject property is a 10,034 +/- square foot childcare center leased to a National Day Care and includes an additional 6,750 +/- outdoor play area. The subject property is located on Williamson Road, the major North-South corridor in Mooresville, NC.

The Tenant has a new 15 Year NNN Lease with 2, 5-Year options to extend. . The Lease provides for rent increases of 12.5% every 5 years. Additionally, tenant pays its pro-rata share of common area costs as well as reimbursement for all real estate taxes, and Landlord' s liability insurance.

Map of 464 Williamson Road, Mooresville, NC 28117 (Iredell County)

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Created 11/13/2008

Additional Information for 464 Williamson Road, Mooresville, NC 28117