NNN Preschool
For Sale
Contact for pricing
7131 Market Street, Wilmington, NC 28411
Corporate-guaranteed lease extends beyond 11 years with minimal landlord responsibilities.
Property Size12,355 SF
Days on Market145
Property Features for 7131 Market Street
General Information
Standard status
Active
Size
12,355 SF
Property subtype
Special Purpose
Additional Details
Cap Rate
6%
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group
(512) 543-7437
Listed By:
Seth Krepistman · License #TX 744270
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:23AM
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 Sands Investment Group
Investment Insights
Based on property information with market context.
The property is a 12,355-square-foot preschool occupied by Cadence Academy Preschool at 7131 Market Street in Wilmington, North Carolina. The asset is offered with a triple-net lease structure and minimal landlord responsibilities.
The lease has 11+ years remaining and includes a corporate guaranty. The offering reflects a 6% cap rate and is classified as an NNN property.
The lease has 11+ years remaining and includes a corporate guaranty. The offering reflects a 6% cap rate and is classified as an NNN property.
Key Highlights
- 12,355 SF preschool property
- Cadence Academy Preschool occupancy
- 11+ years remaining on the NNN lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 28411, NC
37,834
Population
16,978
Households
2.2
Avg Household Size
41
Median Age
53%
College-Educated
96%
High-School Grad
41.2 sq mi
ZIP Area
918
Density / Sq Mi
$94,200
Median Household Income
$49,008
Median Earnings
$1,685
Median Rent
$363,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate-guaranteed lease extends beyond 11 years with minimal landlord responsibilities.
Where is this nnn property located?
The property is located at 7131 Market Street Wilmington, NC.
What are key features of this property?
This property features: 12,355 SF preschool property; Cadence Academy Preschool occupancy; 11+ years remaining on the NNN lease
