3960 Lake Wilson Rd Wilson, NC 27896

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 22 at 11:01AM Checked: Jul 22 at 11:01AM

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Investment Insights

Based on property information with market context.

Marcus & Millichap presents an early learning center property leased on a 15-year absolute triple-net (NNN) basis. The building consists of approximately 7,000 rentable square feet on an estimated 1.03-acre parcel. The lease commenced November 1, 2019.

The property is located at 3960 Lake Wilson Road in Wilson, North Carolina. Current annual rent is set to increase by 2% in December 2022 to $95,888, with 2% annual increases continuing throughout the base term and in each of the two 5-year renewal options.

Key Highlights

• Early Learning Center daycare building with ~7,000 rentable SF on an estimated 1.03‑acre parcel
• 15‑year absolute triple‑net (NNN) lease in place
• Lease commenced November 1, 2019

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FAQs

What type of property is this?

Day care center - A daycare building on an approximately 1.03-acre site with a 15-year absolute NNN lease in place.

Where is this day care center located?

The property is located at 3960 Lake Wilson Rd Wilson, NC.

What are key features of this property?

This property features: Early Learning Center daycare building with ~7,000 rentable SF on an estimated 1.03‑acre parcel; 15‑year absolute triple‑net (NNN) lease in place; Lease commenced November 1, 2019