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Kid City USA - Rosman, NC 169 Main St.

4,000 SF Retail Building Rosman, NC 28772 £1,111,462 (£278/SF) 7.25% Net Initial Yield

Investment Highlights

  • Kid City USA Has Been in Business For More Than 20 Years With 127 Locations
  • Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • 40 Minute Drive to Asheville Regional Airport (AVL) and 1.5 Hour Drive From Greenville-Spartanburg International Airport (GSP)
  • Strong Corporate Guarantee By Kid City USA Inc
  • The Only Daycare Center Within a 10-Mile Radius Serving 3 Feeder Elementary Schools
  • Rosman, Located in Transylvania County, is 2.5 Hours West of Charlotte, the Largest City and Commercial Hub in North Carolina

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,000 SF Kid City USA Located at 169 Main Street in Rosman, NC. This Deal Includes an Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities With a Strong Corporate Guarantee By Kid City USA Inc, Providing For a Secured Investment.

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

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
4,000 SF
Year Built/Renovated
1987/2000
Price
£1,111,462
Price Per SF
£278
Net Initial Yield
7.25%
NOI
£80,581
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Land Acres
0.40 AC
Zoning
None

Amenities

  • Air Conditioning

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Kid City USA
  • Educational Services
  • 4,000 SF
  • £20.15
  • Triple Net
  • Jan 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Kid City USA Educational Services 4,000 SF £20.15 Triple Net Jan 2039

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
8552-79-2278-000
Land Assessment
£78,900
Improvements Assessment
£196,209
Total Assessment
£275,109
  • Listing ID: 31187711

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: 169 Main St., Rosman, NC 28772

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