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Child Care

Big Blue Marble Academy

7580 Carpenter Fire Station Rd, Cary, NC 27519

Listing Price: $7,646,000

Cap Rate
6.35%
Tenant Name
Big Blue Marble Academy
Years Remaining On Lease
14.1
Gross SF
13,504
Guarantor
Corporate Guarantee
Rentable SF
13,504
Price/Gross SF
$566.20
Lease Type
Absolute Net
Rent Per Square Feet
$35.95

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

    (704) 831-4600

    License(s) NC: 351471

    North Carolina

Financing By

Child Care

Big Blue Marble Academy

Listing Price: $7,646,000

Cap Rate
6.35%
Tenant Name
Big Blue Marble Academy
Years Remaining On Lease
14.1
Gross SF
13,504
Guarantor
Corporate Guarantee
Rentable SF
13,504
Price/Gross SF
$566.20
Lease Type
Absolute Net
Rent Per Square Feet
$35.95

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

    (704) 831-4600

    License(s): NC: 351471

    North Carolina

Financing By

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