Listed by Sands Investment Group Los Angeles, Sands Investment Group Charleston
$937,594
Childcare Network - Garner, NC
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 5,000
Cap Rate 7.00%
NOI $65,632
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 17
Lease Expiration 06/30/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $188
Year Built 1994
Acreage 2.240
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/28/2019
Ground Lease No
$937,594 | Childcare Network - 272 Unit Corp. Guarantee | Raleigh MSA | 3% Annual Increases | 10 Yrs
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 5,000 SF Childcare Network property located at 3250 N Shiloh Road in Garner, NC. This attractive investment opportunity features rare 3% annual rental escalations and more than 10 years of remaining lease term on a Double Net (NN) Lease structure, with the landlord responsible only for roof and structural components. Backed by a long-term tenant commitment and minimal ownership responsibilities, the property offers stable cash flow and strong long-term investment fundamentals.
Investment highlights
- Corporate guarantee from Child Development Schools, Inc., a leading national childcare provider and one of the top 5 operators in the country. Established in 1988, the company operates over 272 locations across 10 states, providing significant scale and operating history.
- Rare 3% annual rental escalations with over 10 years of term remaining on a Double Net (NN) Lease, with the only landlord responsibility being roof and structure.
- Located in the Raleigh–Durham (Triangle) MSA, widely recognized as the fastest-growing major metropolitan area in North Carolina and one of the fastest-growing in the Southeast, the property benefits from strong and sustained population and employment growth.
- The property is ideally positioned on a 2.24-acre lot between several large suburban neighborhoods and key employers in the area, with 3+ major feeder elementary schools within a 5-mile radius, including West View Elementary School, Cleveland Elementary School, and Polenta Elementary School.
- Total consumer spending on education and daycare exceeds $50 million annually within a 5-mile radius of this location, and average household income exceeds $127,092 within a 3-mile radius of the property.
- The U.S. child care market was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
Listing Contacts
Listed by Sands Investment Group Los Angeles, Sands Investment Group Charleston
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,632.00
$5,469.33/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
CB-CZ CommercialRetail CommercialCommunity Business District Conditional Zoning
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View all 61 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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