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33242138
33242139

105 Inglesham Drive, Holly Springs, NC 27540

SB
AZ AZ:SA703812000
Marcus & Millichap - Phoenix
MR
AZ SA550593000
Marcus & Millichap - Phoenix
CL
AZ SA627823000
Marcus & Millichap - Phoenix
ZH
OH AZ, OH CO000422000
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus
$7,199,000
3 days on market
Updated 3 days ago

Everbrook Academy (Learning Care Group)

Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 12,870
Cap Rate 6.5%
NOI $467,950
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 20.1
Lease Expiration 12/31/2044
Remaining Term 18.6
Rent Bumps Yes
Lease Options 4, 5 Year Options
Price per SqFt $559
Year Built 2025
Acreage 2.100
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/02/2024
Ground Lease No

2nd-Largest Childcare Provider | 6.50% CAP | 12,870 SqFt

Marketing description

Marcus & Millichap is pleased to present for sale Everbrook Academy in Holly Springs, North Carolina (Raleigh MSA). Everbrook Academy offers an engaging, nurturing environment for every child, during the most critical early years, starting in infancy. Everbrook Academy is part of Learning Care Group, and has 71 schools open and in development across 14 states.

Holly Springs is a town in North Carolina’s Wake County, home to an estimated 41,200 residents and part of the Raleigh metropolitan area. Holly Springs boasts an ecosystem encompassing infrastructure, diverse talent, affordability, and quality of life.

Investment highlights

» Brand New 20-Year Triple-Net (NNN) Lease with 7.5% Rental Increases

» New High-Quality 2025 Construction

» Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands

» Population in the Immediate Area is Projected to Increase 9% by 2030

» Located in the Raleigh MSA with 108,022 Residents in a 5-Mile Radius

» Average Household Income Exceeds $154,000 in the Surrounding Area

» Close Proximity to Holly Springs Towne Center - Tenants Include Target, Dick's Sporting Goods, Old Navy, and Marshalls

Listing Contacts

SB
AZ AZ:SA703812000
Marcus & Millichap - Phoenix
MR
AZ SA550593000
Marcus & Millichap - Phoenix
CL
AZ SA627823000
Marcus & Millichap - Phoenix
ZH
OH AZ, OH CO000422000
Marcus & Millichap - Columbus
Listed by Marcus & Millichap - Phoenix, Marcus & Millichap - Columbus

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$467,950.00
$38,995.83/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

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Additional Information

Name
Charles Gallagher
License
351471
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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