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Property Details

  • Price $7,901,388
  • Cap Rate 6.70%
  • Tenancy Single
  • Property Type Education | Childcare
  • Building Size 20,881 SF
  • Year Built 2024

Investment Highlights

  • 14-Year Absolute NNN Lease with No Landlord Responsibilities
  • Rare 2.5% Annual Increases
  • Lease Signatory is the Corporate Entity That Operates All Locations
  • Tenant Extend Lease Early Showing Dedication to Site
  • Cadence is Ranked #7 in the Top 50 with Over 300+ Locations Nationally and Has Been in Business 30+ Years
  • 100% Corporate, No Franchising
  • Strong Private Equity Backing from Apex Partners with a 40+ Year History and has a $77 Billion Track Record
  • Excellent Average HH Income of $154K+ in a 1-mile Radius & Projected to Grow 10% by ’30
  • Population Counts Exceed 813K+ in a 5-Mile Radius
  • Nearby National Brands Include LA Fitness, Target, Chick-Fil- A, McDonalds, CVS, Jiffy Lube, and More.

Team

In Association with Scott Reid & ParaSell, Inc. | A Licensed Pennsylvania Broker #RB069068

Inquiries by residents and property owners of the State of Pennsylvania are to be made to Scott Reid of ParaSell, Inc.