3250 North Shiloh Road

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3250 North Shiloh Road

Garner, NC 27529
Asking Price
$938K
Cap Rate
7%
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

$937,594 | Childcare Network - 272 Unit Corp. Guarantee | Raleigh MSA | 3% Annual Increases | 10 Yrs <ul><li>​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.</li><li>​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.</li><li>​Located in the Raleigh–Durham (Triang

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NOI
$80,000
Cap Rate
8.53%
DSCR
1.44
Strong
Cash-on-Cash
8.65%
Monthly Payment
$4,638.704
Annual Cash Flow
$24,335.557

Location & Travel Times