169 Main St, Rosman, NC 28772-5000

Exceptional investment opportunity: a 4,000 square foot daycare center in Rosman, NC, at 169 Main Street, 28772. This property boasts a 15-year absolute NNN lease commencing February 1, 2024, and expiring January 31, 2039, with 14.2 years remaining. The lease includes 10% rent bumps every five years and three five-year renewal options. The tenant, Kid City USA, has a strong corporate guarantee, ensuring a secure investment. The property, built in 1987 and renovated in 2000, sits on a 0.4-acre lot and currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $102,000 and a 7.25% cap rate. The asking price is $1,406,896, translating to $351.72 per square foot. This is the only daycare within a 10-mile radius, serving three elementary schools. The location offers convenient access to Asheville Regional Airport (AVL) (40-minute drive) and Greenville-Spartanburg International Airport (GSP) (1.5-hour drive). Rosman's location in Transylvania County, 2.5 hours west of Charlotte, benefits from North Carolina's favorable business climate, including the lowest corporate income tax rate in the US, and a diverse economy driven by manufacturing, pharmaceuticals, and tourism. This presents a compelling opportunity for a stable, long-term investment with significant upside potential.