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The Children's Courtyard 851 Double Bridge Road rd

11,265 SF 100% Leased Retail Building Boiling Springs, SC 29316 £5,633,640 (£500/SF) 6% Net Initial Yield

Investment Highlights

  • The Children’s Courtyard is newly constructed and will have a 20-year Net lease with 7.5% Rent Increases every 5 years.
  • Well located near Target, Chick-Fil-A, Lowe’s, Aldi, Walgreens, Starbucks, Harbor Freight, Walmart, McDonalds, Sherwin Williams, etc.
  • The tenant on the lease is The Children’s Courtyard with guaranty provided by Learning Care Group which operates approximately 1,070 locations.
  • Population of 64,985 and average household income of $86,332 within a 5-mile radius.

Attachments

CoStar MP

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
11,265 SF
Year Built
2024
Construction Status
Under Construction
Price
£5,633,640
Price Per SF
£500
Net Initial Yield
6%
NOI
£338,018
Percent Leased
100%
Number of Floors
1

Nearby Major Retailers

First Citizens Bank
Anytime Fitness
Workout Anytime
Starbucks
Applebee's
United Community Bank
First Horizon Bank
Truist
Salsarita's Fresh Mexican Grill
Woodforest National Bank
  • Listing ID: 33055811

  • Date on Market: 04/09/2024

  • Last Updated:

  • Address: 851 Double Bridge Road rd, Boiling Springs, SC 29316

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