Child Development Schools - Gastonia

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Childcare Network by Child Development Schools investment property located in Gastonia, North Carolina.​ The tenant, Child Development Schools, Inc.​ has approximately 4 years remaining on their lease with 3 (5-year) options to extend, demonstrating their commitment to the site.​ The lease features rental increases of the lesser of 10% and 1.25x 5-year CPI at the beginning of each option period, steadily growing NOI and hedging against inflation.​ The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for an passive investor.​ The Child Development Schools system is backed by a 260+ unit signature.​

The property is located near the signalized, hard corner intersection of State Highway 7 and State Highway 279.​ State Highway 7 is a major retail thoroughfare serving the city of Gastonia.​ The property is located approximately 16 miles from downtown Charlotte, and is easily accessible from all neighborhoods of Charlotte and the surrounding areas.​ The asset is within walking distance to Brookside Elementary School, which has an enrollment of over 500 students.​ The site is approximately 1.50 miles from Gastonia’s largest retail corridor, which includes Target, Sam’s Club, Hobby Lobby, Walmart, Lowe’s Home Improvement, and more.​ Other nearby national/credit tenants include The Home Depot, Burlington, Kohl’s, PetSmart, Harbor Freight Tools, Chick-fil-A, Starbucks, Olive Garden, and more, further increasing consumer traffic to the site.​ Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site.​ The 5-mile trade area is supported by a population of over 95,200 with an average household income of $79,641.​

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  4+ Years Remaining | Options To Extend | 260+ Unit Signature

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  Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities

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  Dense Residential Corridor | Brookside Elementary (500+ Students) | Strong National/Credit Tenant Presence

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  Strong Demographics In 5-Mile Trade Area