6.68 Archives | Sands Investment Group

Sands Investment Group is Pleased to Exclusively Offer for Sale a 10,000 SF Tutor Time Located at 2560 Plantation Center Drive in Matthews, NC. This Deal Includes a Lease That is Highly Passive and Very Landlord-Friendly as it Provides For Minimal Responsibilities For Repair, Replacement or Maintenance of Parking, Providing For a Secured Investment.

Below Market Rents at $18.00/SF; Market Average is $27.00/SF
LEADING PARENT CORPORATION – Learning Care Group, Inc. is the 2nd Largest For-Profit Childcare Company in North America and a Leader in Early Education With a Network of Over 1,070 Locations in the Country With a Capacity For Over 156,000 Students
IDEALLY LOCATED – The Property is Ideally Positioned Between Several Large Suburban Neighborhoods and Many Employers in the Area
TOP TIER MSA – The Charlotte Metropolitan Area is Home to Nearly 2.8M People and is the Second-Largest Financial Hub in the Country and is the Fourth-Fastest Growing MSA in the United States, as of 2024
AFFLUENT COUNTY – Mecklenburg County is One of the More Affluent Counties in the United States With a Household Income of Over $116,537 and 472,427 Households With children (over 93%)
EXCELLENT DEMOGRAPHICS – There are Approximately 150,461 Residents in a Five-Mile Radius and an Average Household Income of More than $152,366 in a One-Mile Radius of the Property
E-COMMERCE RESISTANT – The Childcare Industry is Strictly a Brick and Mortar Retailer, and Won’t Be Affected By the Future Online Shopping Trends Currently Being Shaped By E-Commerce Giants, Such as Amazon
NN LEASE – Lease is Highly Passive and Very Landlord-Friendly as it Provides For Minimal Responsibilities For Repair, Replacement or Maintenance of Parking
HIGH CONSUMER SPENDING –Total Consumer Spending on Education and Daycare Exceeds $172 Million Annually Within a 5-Mile Radius of This Location
INDUSTRY GROWTH – The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years Due to the Rising Population of Young Children as Well as the Societal Shift That Has Sent More Parents Into the Workforce
RENT BUMPS – The Lease Features 3.00% Increases at Commencement of Each Option

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

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Sands Investment Group is Pleased to Present Exclusively For Sale the 14,202 SF Woodlands Professional Center I Medical Office Asset Located at 505 Samaritans Ridge Court in Elkin, North Carolina. The Property Consists of 3 NNN Medical Tenants Including Novant Health Cardiology, Westwood Medical and RHA Behavioral Health. Westwood Medical Just Signed a New 5-Year Renewal, and All Three Tenants Boast 2% Annual Escalations. The Property Includes Alliedrx Pharmacy, Which is Set For a Significant Rental Increase in 2022 Providing For Significant Upside and Strong Rental Growth For the Future.

Three of the Tenants Have a Triple Net (NNN) Lease With Minimal Landlord Responsibilities
All Tenants Also Have 2% Annual Increases
Westwood Medical Has a New 5-Year Renewal (07/01/21)
Located Less Than 1-Mile From Hugh Chatham Memorial Hospital
The Property is on a 1.41 Acre Lot
Property Includes a Metal Roof
Novant Spent a Significant Amount of Capital to Up Fit Space For the Tenant’s Use
Situated Within the Woodlands Medical Park in the Elkin’s Premier Medical Corridor
Located Right Off I-77 Which Sees Over 42,600 Vehicles Per Day
The Average Household Income is $62,863 Within a 10-Mile Radius
Nearby Tenants Include: Walmart Supercenter, CVS Pharmacy, Lowe’s, Goodwill, Walgreens, Food Lion, Arby’s, Big Lots, Wells Fargo and More