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7131 Market St
Wilmington, NC 28411
Cadence Academy Preschool | Wilmington, NC · Retail Property For Sale
Investment 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
- Strong Demographics With an Average Household Income of $92,319 and a Population of 44,108 Residents Within 3-Miles
- Operating History and More Than 300 Locations
- Tenant Paying $25.22/ SF With No Renewal Options at End of Term
- The Center is Located Off Highway 17, a Primary Thoroughfare With High Visibility
Property Facts
Property Type
Retail
Property Subtype
Building Size
12,355 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.67 AC
Zoning
B-2
Parking
25 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
71’ on Market St
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | R04400-002-042-000 | Improvements Assessment | $2,055,400 |
| Land Assessment | $1,122,700 | Total Assessment | $3,178,100 |
Property Taxes
Parcel Number
R04400-002-042-000
Land Assessment
$1,122,700
Improvements Assessment
$2,055,400
Total Assessment
$3,178,100
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