Cadence Academy Preschool NNN Wilmington North Carolina

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Investment Offering

Tenant: Cadence Academy Preschool | Wilmington, NC
Premises: 12,355 SF
Renewal Options: None

Lease Expiration: 12/31/2034
Lease Type: NNN
Rental Increases: 2% Annually

Sands Investment Group is Pleased to Present Exclusively For Sale the 12,355 SF Cadence Academy Preschool NNN Located at 7131 Market Street in Wilmington, NC. This Deal Includes 11+ Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Unique Investment.

Cadence Education is One of the Largest Private Childcare Providers in the United States With 30+ Years of Operating History and More Than 300 Locations
11+ Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
Tenant Paying $25.22/ SF With No Renewal Options at End of Term
Strong Demographics With an Average Household Income of $92,319 and a Population of 44,108 Residents Within 3-Miles
The Center is Located Off Highway 17, a Primary Thoroughfare With High Visibility
Conveniently Located 15 Minutes From Wilmington International Airport
Nearby Feeder Elementary Schools Include: Murrayville, Porters Neck, Ogden, Eaton, John J. Blair and College Park
Nearby Retailers Include: University Landing Mall, HomeGoods, Publix Supermarket, Costco, Sam’s Club, Target, Walmart Supercenter, Lowe’s, Best Buy, Applebee’s, Olive Garden and Cracker Barrel
This Region Has Long Been Recognized For Its Mild and Sunny Climate, White-Sand Beaches, Southern Hospitality and Easy Access to World-Renowned Golf Courses

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

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Tenant Overview

CADENCE EDUCATION

Cadence Education is one of the premier early childhood educators in the United States, operating more than 300 private preschools across the country. With 30 years in business, Cadence Education has developed an unparalleled expertise in preparing students to thrive in the next step of their childhood. Their skills-based curriculum is proven and prepares children for Kindergarten and beyond. Their homelike environments reduce tension and make it easier for children to successfully transition from home to school.

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