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1009 Masten Dr
Kernersville, NC 27284
The Children's Courtyard · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,417 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.50 AC
Zoning
HB-S
Parking
32 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
141’ on Masten

Amenities

  • Pylon Sign
  • Signage

About 1009 MASTEN DR , KERNERSVILLE, NC 27284

LOCATION HIGHLIGHTS Property is in the heart of Kernersville and surrounded by some of the nation’s largest retail outlets including Walmart Supercenter, Lowe’s Home Improvement, Target, and Kohl’s Other nearby retailers include Chick-fil-a, CVS, BB&T, Food Lion, Starbucks, Arby’s, Denny’s, Burger King, 7-Eleven, Taco Bell, SunTrust Bank, and many more S Main Street sees 16,390 Vehicles Per Day and is the main artery connecting the property to the major residential areas of Kernersville The property is located directly across from the thirty-acre Triad Baptist Church serving 1,800 churchgoers weekly with services starting at 8:00 AM daily TENANT HIGHLIGHTS Corporate Guarantee from The Learning Care Group, the 2nd Largest for-profit daycare provider with over 900 locations worldwide Nationally accredited school offering Infant and Toddler care, Preschool, Pre-Kindergarten, before- and after-school care, as well as a wonderful summer program for school-aged children! In addition to The Children’s Courtyard, Learning Care Group’s family of brand include 6 other unique school brands: La Petite Academy, Childtime, Montessori Unlimited, Everbrook Academy, Tutor Time, and Creative Kids Learning Center INDUSTRY INFORMATION About 11.8 million (58.7%) of children under age 5 participate in regular, weekly care arrangements with a non-parental provider. The labor force participation rate of mothers with children under age 6 has steadily increased between 2005 and 2017 to 65.1% Revenue in the childcare industry continues to grow steadily over time. The total revenue between 2012 and 2016 has increased by 13.8%, and between 2007 and 2016 by 22.1%. Long term, the childcare industry has more than doubled (149%) since 1997. Nationally $47.2 billion in childcare revenue supports an additional $52.1 billion in spillover in other industries for a total economic impact of $99.3 billion.Nationally $47.2 billion in childcare revenue supports an additional $52.1 billion in spillover in other industries for a total economic impact of $99.3 billion.

Property Taxes

Property Taxes

Parcel Number
6875-59-8207
Land Assessment
$677,800
Improvements Assessment
$1,142,600
Total Assessment
$1,820,400
  • Listing ID: 17412927

  • Date on Market: 10/9/2019

  • Last Updated:

  • Address: 1009 Masten Dr, Kernersville, NC 27284

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