Tutor Time | Matthews, NC
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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