Listed by Sands Investment Group Los Angeles, Sands Investment Group Charleston
$2,129,451
Childcare Network - Wilson, NC
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 10,858
Cap Rate 7%
NOI $149,062
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 $196
Year Built 2000
Acreage 1.300
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/28/2019
Ground Lease No
Corp. Guarantee Childcare Network | 3% Annual Increases | 10 Yrs Remaining | $2.1M (7.00% CAP)
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 10,858 SF Childcare Network located at 2305 Madison Drive West in Wilson, NC. This attractive investment opportunity features rare 3% annual rent escalations and 10 years of remaining lease term on a Double Net (NN) Lease, providing investors with stable and growing cash flow. With landlord responsibilities limited to the roof and structure, the asset offers a highly passive ownership structure while benefiting from the strength of an established childcare operator and favorable lease economics.
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 10 years of term remaining on a Double Net (NN) Lease with the only landlord responsibility being roof & structure.
- The property is ideally positioned on a 1.3-acre lot between several large suburban neighborhoods and many key employers in the area.
- Additionally, there are 7 major feeder elementary schools within a 5-mile radius, including Vinson-Bynum Elementary School, Wells Elementary School, Margaret Hearne Elementary School, Winstead Elementary School, Vick Elementary School, New Hope Elementary School, and Rock Ridge Elementary School.
- Total consumer spending on education and daycare exceeds $26 million annually within a 5-mile radius of this location, and average household income exceeds $70,102 within a 3-mile radius of this location.
- 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
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$149,062.00
$12,421.83/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Zoning
RMX ResidentialTwo FamilyResidential Mixed Use
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 122 uses
View all 122 uses Last updated Feb 9, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
