Child Care
Big Blue Marble Academy
7580 Carpenter Fire Station Rd, Cary, NC 27519
Listing Price: $7,646,000
Investment Overview
Big Blue Marble Academy provides a globally inspired, nurturing early education environment designed to support children during their most formative years, beginning in infancy.
Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary metropolitan area.
Investment Highlights
- Fourteen Years Remaining on Absolute Triple-Net (NNN) Lease with 2 Percent Annual Rental Increases and Multiple Renewal Options
- Strong Corporate Guaranty from Big Blue Marble Academy Holdings, LLC, Encompassing the Tenant's 93 Plus Locations Nationwide
- Approximately 11 Feeder Elementary Schools within a Five-Mile Radius
- Population in the Immediate Area is Projected to Increase More Than 8 Percent by 2030
- Over 147,000 Residents in a Five-Mile Radius
- Average Household Income Exceeds $200,000 in the Immediate Surrounding Area
- Immediate Access to Western Wake Fwy (SR-540)
- Located in the Center of the Research Triangle, a High-growth Region in North Carolina Defined by Three Cities and their Universities: Raleigh (NC State), Durham (Duke), and Chapel Hill (UNC)
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Financing By
Listing Price: $7,646,000
Investment Highlights
- Fourteen Years Remaining on Absolute Triple-Net (NNN) Lease with 2 Percent Annual Rental Increases and Multiple Renewal Options
- Strong Corporate Guaranty from Big Blue Marble Academy Holdings, LLC, Encompassing the Tenant's 93 Plus Locations Nationwide
- Approximately 11 Feeder Elementary Schools within a Five-Mile Radius
- Population in the Immediate Area is Projected to Increase More Than 8 Percent by 2030
- Over 147,000 Residents in a Five-Mile Radius
- Average Household Income Exceeds $200,000 in the Immediate Surrounding Area
- Immediate Access to Western Wake Fwy (SR-540)
- Located in the Center of the Research Triangle, a High-growth Region in North Carolina Defined by Three Cities and their Universities: Raleigh (NC State), Durham (Duke), and Chapel Hill (UNC)
Investment Overview
Big Blue Marble Academy provides a globally inspired, nurturing early education environment designed to support children during their most formative years, beginning in infancy. Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary metropolitan area.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Financing By