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Childcare Network - Selma, NC 1201 S Pollock St 7,212 SF Retail Building Selma, NC 27576 $937,594 ($130.00/SF) 7% Cap Rate
Investment Highlights
- Corporate guarantee from Child Development Schools, Inc., a leading national childcare provider and one of the top 5 operators in the country.
- Located in the Raleigh–Durham (Triangle) MSA, widely recognized as the fastest-growing major metropolitan area in North Carolina.
- Total consumer spending on education and daycare exceeds $15 million annually within a 5-mile radius of this location.
- Rare 3% annual rental escalations with 10 years of term remaining on a Double Net (NN) Lease.
- The property is ideally positioned on a 0.89-acre lot between several large suburban neighborhoods and many key employers in the area.
- The U.S. child care market was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 7,212 SF Childcare Network located at 1201 S Pollock Street in Selma, NC. This compelling investment opportunity features rare 3% annual rent escalations and 10 years of remaining lease term on a Double Net (NN) Lease, providing investors with stable and increasing cash flow. With landlord responsibilities limited to the roof and structure, the asset offers a highly passive ownership structure while benefiting from the security of an established childcare operator and favorable lease terms.
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
In Cooperation With Sands Investment Group North Carolina, LLC - Lic. #29362 BoR: Chris Sands - Lic. NC #300021
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,212 SF
Building Class
C
Year Built
1982
Price
$937,594
Price Per SF
$130.00
Cap Rate
7%
NOI
$65,632
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.89 AC
Opportunity Zone
Yes
Zoning
COM
Parking
16 Spaces (2.22 Spaces per 1,000 SF Leased)
Frontage
44’ on Pollock St
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Childcare Network
- Health Care and Social Assistance
- 7,212 SF
- $9.10
- Double Net
- Jun 2036
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Childcare Network | Health Care and Social Assistance | 7,212 SF | $9.10 | Double Net | Jun 2036 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14046199A | Improvements Assessment | $436,180 |
| Land Assessment | $372,170 | Total Assessment | $808,350 |
Property Taxes
Parcel Number
14046199A
Land Assessment
$372,170
Improvements Assessment
$436,180
Total Assessment
$808,350
Contacts
-
Andrew Gilbert -
Ryan Sompayrac -
Clifton McCrory -
Chris Sands -
Sands Investment Group
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Childcare Network - Selma, NC | 1201 S Pollock St
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