851 Double Bridge Road

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851 Double Bridge Road

Boiling Springs, SC 29316
Asking Price
$6.65M
Cap Rate
6.5%
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

18+ Years Remaining | #2 Corporate Operator in the Country | Outparcel to Brand New Target <p><strong>Corporate Guaranty from the #2 Corporate Operator in the Country</strong></p><ul><li>​Learning Care Group (LCG) is officially recognized as the second-largest for-profit early childhood education and care provider in North America.</li><li>​The company operates over 1,150 schools across the United States. Its network spans across 40 states and Washington, D.C.</li><li>​LCG has the collective capacity to care for and educate over 165,000 children daily, ranging in age from 6 weeks to 1

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NOI
$80,000
Cap Rate
1.20%
DSCR
0.20
Underwater
Cash-on-Cash
-15.78%
Monthly Payment
$32,881.544
Annual Cash Flow
$-314,578.525

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