1250 Bay Valley Road, Kenly, NC 27542

Andrew Ackerman

PRO

FL #BK3369953, GA GA 311619 (+2)

SC 136866

112140

SC 99847

CA 01387583, SC 93103 (+2)

Listed by Sands Investment Group, Sands Investment Group Charleston, Sands Investment Group Los Angeles

$63,744/SF/YR

21 days on market

Updated 21 days ago

Childcare Network - Kenly, NC (Lease)

Building Details

Property Type

Retail, Special Purpose

Sub Type

School

Tenancy

Single

Lease Type

Net

Total Building SqFt

6,400

Year Built

1999

Spaces

For Lease: $9.96/SF | 6,400 SF Turnkey Early Education Center | Raleigh-Durham MSA

Building description

Sands Investment Group is pleased to exclusively offer for lease the 6,400 SF Vacant Early Education Center located at 1250 Bay Valley Road in Kenly, NC. This offering is targeting an Absolute Triple Net (NNN) Lease With a 15-year term, 2% annual rent increases, and an attractive rental rate of $9.96 PSF.

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Building highlights

Targeted Lease Structure: Absolute Triple Net (NNN) Lease with a targeted 15-year term, 2% annual rent increases, and a rental rate of $9.96 PSF.
Below Market Rent: Offered at $9.96 PSF, which is below nearby retail and office rents, positioned 40 minutes east of Raleigh in the Raleigh/Durham MSA.
Tenant Value Opportunity: Below-market rent allows tenants to allocate capital toward interior improvements, specialized equipment, and customized buildouts without increasing long-term occupancy costs.
Prime 5.43-Acre Location: The property is ideally positioned on a 5.43-acre lot between several large suburban neighborhoods and many key employers in the area, and is only 2 miles from Glendale-Kenly Elementary School.
Long-Term Stability: A 15-year lease term provides operators with the ability to establish and grow a durable presence in the strong Raleigh/Durham MSA and Johnston County submarket.
Ideal User Profile: Well-suited for owner-users and expanding early education or office operators seeking a visible, well-located footprint in East Raleigh.
Growing Childcare & Early Education Market: The childcare and early education industry is projected to grow at an annual rate of 5% over the next 5 years due to the rising population of young children, as well as the societal shift that has sent more parents into the workforce.