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31130442
31130441

655 Reedy Creek Rd, Cary, NC 27513

GK
NY 49KU1129178
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
AH
NY: 10401334976
SURMOUNT
FP
NY 10401333619
SURMOUNT
Listed by SURMOUNT
$7,111,111
307 days on market
Updated 98 days ago

Lightbridge Academy

Details
Property Type Special Purpose
Sub Type School
Square Footage 11,345
Cap Rate 6.75%
NOI $480,000
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20
Remaining Term 20
Year Built 2025
Acreage 1.920
Tenant Credit Corporate Guarantee

Special Purpose | 6.75% CAP | 11,345 SqFt

Marketing description

SURMOUNT is pleased to present the exclusive listing for a Lightbridge Academy located at 655 Reedy Creek Rd, Cary, NC 27513. The site consists of roughly 11,435 rentable square feet of building space on an estimated 1.92-acre parcel of land. This Lightbridge Academy is subject to a 20-year Triple Net (NNN) lease, which commences 30 days after substantial completion. The current annual rent is $480,000 and has scheduled increases of 2.00% annually.

Investment highlights

  • Corporate Guarantee for Full Term | The lease is guaranteed by New Jule Holding LLC, a proven childcare operator with a strong track record. The corporate guaranty remains in place for the full 20-year term of the lease, providing investors with long-term security and income stability backed by a well-capitalized and experienced operator.

  • Built-In Income Growth | The lease features 2% annual rental increases, creating consistent year-over-year income growth that compounds over the life of the lease. This structure enhances long-term returns and serves as a hedge against inflation, ensuring the investment’s value keeps pace with market conditions.

  • Passive Ownership | The absolute NNN lease structure eliminates all landlord responsibilities, requiring no capital expenditures or active management from ownership. This hands-off arrangement provides investors with a stable, predictable income stream and the freedom to focus on other investments or pursuits without operational oversight.

  • Affluent & Growing Demographics | Located in a high-income market with average household incomes exceeding $107,000 and over 203,000 residents within five miles, with steady annual population growth.

Listing Contacts

GK
NY 49KU1129178
SURMOUNT
EO
NY NY 10401298466
SURMOUNT
AH
NY: 10401334976
SURMOUNT
FP
NY 10401333619
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$480,000.00
$40,000.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Zoning

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PDD-MAJOR PlannedMajor Planned Development District
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Last updated May 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Brian Brockman
License
298998
Brokerage
Bang Realty-North Carolina, Inc
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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