Retail    

La Petite Academy (Learning Care Group)

 Raleigh NC

Asking Price

$2,160,000

Cap Rate

6.25%

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New 15-Year

NNN Lease

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Learning Care Group

2nd-Largest Operator

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Avg HHI

$158K+ (1-Mi)

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Population

$126K+ (5-Mi)

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Established

Location

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INVESTMENT HIGHLIGHTS

  • La Petite's Parent Company, Learning Care Group is the 2nd Largest Early Education Operator with Over 1,000+ Locations Across 39 States
  • Brand New 15-Year Corporate NNN Lease w/ Rental Increases Every 5 Years to be Signed at Close of Escrow
  • Remodeled by the Tenant in 2015 Demonstrating Commitment to Site
  • Established & Profitable Location, Over 15 Year Operating History (Contact Broker)
  • Population Counts Exceed 126k in a 5-Mile Radius
  • Excellent Average HH Income of $158k+ in a 1-Mile Radius and Projected to Grow 12.31% by '28
  • $556 Million Spent on Education & Day Care in a 10-Mile Radius
  • Feeder School For: Leesville Road Elementary (637 Students), Sycamore Creek Elementary School (1,001 Students), Barton Pond Elementary School (375 Students), Pine Hollow Middle School (935 Students)
  • Strong Mix of Retail and Residential Surrounding the Property - Nearby National Brands Include CVS, Arby’s, Publix Super Market, Walgreens, McDonald's, and More

 

Exclusively Listed By

Milo Spector

Senior Vice President
  mspector@northmarq.com      415.610.8970
BRE #01959211

Chris Lomuto

Associate Vice President

BRE #01962410

Matt Lipson

Associate Vice President

BRE #01892096

In Association With
Jason Long

NC Lic. #338124

Northmarq

100 Pringle Avenue, Suite 320
Walnut Creek, CA 94596


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