Listed by Sands Investment Group Los Angeles, Sands Investment Group Philadelphia, Sands Investment Group Charleston
$7,338,533
Primrose School of Wexford - Sewickley, PA
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 14,348
Cap Rate 6.75%
NOI $495,351
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Rent Bumps Yes
Lease Options 4 x 5 Year Options
Price per SqFt $511
Year Built 2021
Acreage 1.870
Investment Type Sale/Leaseback
Ground Lease No
Sale Condition Sale for leaseback
High-Performing Primrose School | 15-Year ABS NNN | Affluent Pittsburgh Submarket
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 14,348 SF Primrose School of Wexford located at 2598 Wexford Bayne Rd in Sewickley, PA. This opportunity features a long-term, Absolute Triple Net (NNN) Lease, providing a fully passive investment with no landlord responsibilities. Situated in an affluent, high-demand market, the asset offers stable, predictable cash flow supported by strong unit-level performance and favorable demographic fundamentals.
Investment highlights
- Extremely high-performing Primrose School with experienced franchisees seeking to expand their footprint within the Primrose franchise.
- The property is offered as a 100% passive Absolute Triple Net (NNN) investment with a 15-year base term and 4, 5-year renewal options. The tenant covers all expenses, and the lease includes 8% increases every 5 years, supporting long-term income growth.
- Primrose School of Wexford operates at full enrollment with an active waitlist and has received approval to expand licensed capacity, reflecting strong demand and supporting increased revenue and long-term tenant commitment.
- The asset is located in an affluent Pittsburgh MSA submarket, with $203K+ average household income within 3-miles and over 70,800 residents within 5 miles, representing an ideal dual-income demographic that prioritizes premium childcare.
- The Wexford/Sewickley corridor includes 10+ feeder elementary schools within 5 miles, creating a reliable pipeline of families seeking accredited early education programs.
- The 14,348 SF facility, built in 2021, is a purpose-built childcare property with a modern design.
- Primrose Schools is a leading early education franchise with 560+ locations nationwide, recognized in Entrepreneur Magazine’s Franchise 500® for 18 consecutive years, and supported by a strong development pipeline of 200+ schools.
Listing Contacts
Listed by Sands Investment Group Los Angeles, Sands Investment Group Philadelphia, Sands Investment Group Charleston
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$495,351.00
$41,279.25/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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