For Sale
$4,303,448
1200 Corporate Chaplain DrWake Forest, NC 27587
- Added:
- Dec 11, 2024
- Days on market:
- 115
Highlights
- The Learning Experience, a rapidly expanding early education brand, operates this location and 450+ others.
- This property features a 100% occupied, triple-net (NNN) lease with The Learning Experience, including 2% annual rent increases; landlord responsibilities are limited to roof and structure.
- The 1.96-acre site enjoys a prime location among affluent Wake County neighborhoods and major employers; average household income exceeds $129,044.
- Strong local demand is evidenced by over $120 million in annual consumer spending on education and daycare within a 5-mile radius, and average household income exceeding $144,000 within 3 miles.
- The property benefits from proximity to numerous national retailers, including Target, Walmart, Home Depot, Lowe's, and many restaurants and pharmacies.
- The childcare industry's projected 5% annual growth over the next five years reflects increasing demand.
Property Details for 1200 Corporate Chaplain Dr
- Property type
- Specialty properties, Schools
- Square Feet
- 11,100 SF
- Year Built
- 2012
- Lot Size (sq. ft)
- 85,378 SF
Location Insight
- City
- Wake Forest
- County
- Wake
- State
- North Carolina
- Latitude
- 35.9663895
- Longitude
- -78.5254113
1200 Corporate Chaplain Dr, Wake Forest, North Carolina
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