Primrose School | Chesapeake, VA
Sands Investment Group is Pleased to Present For Sale the 11,641 SF Primrose School Absolute NNN Located at 660 Grassfield Parkway in Chesapeake, VA. This Deal Includes 15 Years on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities and 2% Annual Increases.
- Education and Daycare Spending Exceeds $84M Annually Within a 5-Mile Radius of the Center
- The Operator is Investing Nearly $400,000 Into Improvements Across the Playground, Equipment and Interior Renovations of the Property
- For Over 40 Years, Primrose Schools Has Partnered With Parents, Children, Staff and the Communities; We Serve to Foster a Love For Learning and Make a Difference in the Lives of Children
- Chesapeake’s Location is Within 750-Miles of Two-Thirds of the Nation’s Population and Industrial Production; the City’s Regional Transportation Hub Consists of Major West, North and South Interstate Highways, Extensive Rail Service and 120-Miles of Commercial Waterfront With 12-Miles of Deep Draft Channels
- Since 2003, Chesapeake’s Employment Growth Rate Has Been Among the Top 50 Nationally; the Total Number of Employers Has Increased By More Than Double the National Average; the Number of Workers Has Increased By More Than 12 Percent, and Tota Wages Have Tripled the National Average
- Chesapeake is One of the Fastest Growing Cities in the State of Virginia; With 353 Square Miles of Land Area, There Are Many Real Estate Opportunities Available to Meet the Needs of Any Business, Retailer or Corporation
- Primrose Has Over 500 Locations Nationwide and Has Seen an Increase in Franchisee Demand Over 11% in the Last Three Years
In Cooperation With Sands Investment Group Virginia, LLC – Lic. VA #0226037527 – BoR: Tom Grman – Lic. VA #0225269275
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
