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The Nest Schools 3 Twin Brook Dr 12,000 SF Retail Building Clemmons, NC 27012 $5,485,000 ($457.08/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-new 15-year lease featuring above market 2.25% annual rental increases
- Lease is guaranteed by tenant’s ultra high net worth founder
- Large 2.50 acre lot
- Absolute NNN structure making this a truly “hands-off” investment
- Strong intrinsics – rent at $34/ft and price per foot of $457
- Very strong guarantor – 9-figure net worth (speak with Agent)
EXECUTIVE SUMMARY
A 15-year absolute net Nest School lease featuring above market 2.25% annual rental increases and backed by an ultra high net worth guarantor. Numerous factors provide great intrinsic value for any potential investor include replaceable rent ($34/sf), large lot size (2.50 acres), and low price per foot ($457).
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Year Built/Renovated
1991/2024
Price
$5,485,000
Price Per SF
$457.08
Cap Rate
7.50%
NOI
$411,401
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.50 AC
Zoning
C - Commercial
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The Nest Schools | 3 Twin Brook Dr
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