Build-to-Suit Day Care
For Sale
Contact for pricing
209 Town Square Cir, Mooresville, NC 28117
Renovated childcare facility with a long-term absolute NNN lease structure and annual contractual increases.
Property Size8,256 SF
Price / SF$603.80
Days on Market14
Property Features for 209 Town Square Cir
General Information
Standard status
Active
Size
8,256 SF
Property subtype
Special Purpose
Additional Details
Cap Rate
6.25%
Building Details
Year Built
2007
Buildings
1
Tenancy
Single
Listing Agency:
Greybridge Partners
Listed By:
Brian Cillian · License #SC 93373
Source:
Crexi
Added: Sep 14
Changed: Sep 22
Last Checked: Sep 26 at 4:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Greybridge Partners
Investment Insights
Based on property information with market context.
This day care center occupies an 8,256-square-foot building at 209 Town Square Cir. Constructed in 2007 as a build-to-suit facility for childcare operations, the property was later fully renovated to support the existing tenant’s requirements. The building is positioned on a sizable parcel and was designed specifically around the needs of a childcare operator.
The investment is subject to an absolute NNN lease with 15 years remaining and 3.0% annual increases. The property includes a 100% fee simple interest, offering ownership of both the building and underlying land. Its use-specific construction and renovation history provide a physical setup tailored to day care operations.
The investment is subject to an absolute NNN lease with 15 years remaining and 3.0% annual increases. The property includes a 100% fee simple interest, offering ownership of both the building and underlying land. Its use-specific construction and renovation history provide a physical setup tailored to day care operations.
Key Highlights
- 8,256 SF childcare facility at 209 Town Square Cir
- Built in 2007 as a childcare‑specific build‑to‑suit property
- Building was fully renovated for the existing tenant
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,592
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28117, NC
46,917
Population
21,528
Households
2.2
Avg Household Size
42
Median Age
55%
College-Educated
98%
High-School Grad
39.1 sq mi
ZIP Area
1,200
Density / Sq Mi
$109,310
Median Household Income
$53,706
Median Earnings
$1,593
Median Rent
$567,200
Median Home Value
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Similar Off Market Nearby
- Peninsula Baptist Church Preschool — 687 Brawley School Rd, Mooresville, NC 28117
- Smart Kids Mooresville — 203 Singleton Rd, Mooresville, NC 28117
- Williamson's Chapel UMC Church — 575 Brawley School Rd, Mooresville, NC 28117
- Dudley's Home Health Inc. — 147 Marketplace Ave, Mooresville, NC 28117
- Flying High Academy — 245 Rolling Hill Rd, Mooresville, NC 28117
Frequently Asked Questions
What type of property is this?
Day care center - Renovated childcare facility with a long-term absolute NNN lease structure and annual contractual increases.
Where is this day care center located?
The property is located at 209 Town Square Cir Mooresville, NC.
What is the asking price?
The asking price for this property is $4,985,000.
What are key features of this property?
This property features: 8,256 SF childcare facility at 209 Town Square Cir; Built in 2007 as a childcare‑specific build‑to‑suit property; Building was fully renovated for the existing tenant
