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The Nest Schools

 Mechanicsville (Richmond), VA

Asking Price

$3,371,193

Cap Rate

6.50%

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Expenses

Abs NNN

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Avg HHI

$91K (1-Mi)

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Population

153K (5-Mi)

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Corporate

Lease Signator

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • The Nest Schools is a Top 50, Corporately Operated Early Education Provider that Has 38 Schools Open Nationally and Plans to Open Over 200 Schools. The Founders Have 30+ Years of Experience and Previously Operated a Best-In-Class Early Education Platform in the Northeast
  • Rockbridge Growth Equity Invested in The Nest Schools in 2022 to Accelerate Growth and Create Long-Term, Sustainable Value. As of 2021, Rockbridge had Over $1.2 Billion in Assets Under Management and Experience in the Education Sector
  • Approx. 14 Years Remaining on an Absolute NNN Lease with No Landlord Responsibilities & 2% Annual Increases
  • Corporate Lease Signator & Very Strong Personal Guaranties from the Founders of Nest (Contact Broker for More Info)
  • Approx. $1.4 Million in Tenant Improvements
  • Population Counts Exceed 153k in a 5-Mile Radius, and are Projected to Grow 1.7% by '27 
  • Excellent Average HH Income of $91k+ in a 1-Mile Radius is Expected to Rise 17.6% by '27
  • $333.7+ Million Spent on Education & Day Care in a 10-Mile Radius
  • Strong Mix of Retail and Residential Surrounding the Property - Nearby National Brands Include Walmart Supercenter, Kohl's, Dollar Tree, Hobby Lobby, and Gold's Gym, among others 

Exclusively Listed By

Milo Spector

Senior Vice President
  mspector@northmarq.com      +1 415.610.8970
BRE #01959211

Chris Lomuto

Associate Vice President

BRE #01962410

Matt Lipson

Associate Vice President

OR Lic. #201225340

In Association With
Zachary Harris

VA Lic. #0225216133

Northmarq

100 Pringle Avenue, Suite 320
Walnut Creek, CA 94596


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