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Property profile & analytics
OFF-MARKET
Day care centers

851 Double Bridge Rd Boiling Springs, SC 29316

11,265 SF 2.21 ac lot Built 2024
Property ID
US77-2268865
Property summary
AI-generated overview

Exceptional investment opportunity: a 11,265 square foot, newly constructed (2024) daycare center in Boiling Springs, SC, boasting a 20-year net lease with The Children's Courtyard (guaranteed by The Learning Care Group, operating approximately 1,070 locations). The property sits on a 2.21-acre lot at 851 Double Bridge Rd, 29316, enjoying high visibility along Boiling Springs Road (29,800 vehicles daily) and proximity to I-85 (73,600 vehicles daily). Strong demographics support the investment, with a 5-mile radius population of 64,985 and an average household income of $86,332. The property benefits from a prime location near major retailers including Walmart, Lowe's, Aldi, Starbucks, Chick-fil-A, and a newly opened Target center with additional retail and residential development. The lease features a 6.00% cap rate, $432,000 NOI, and 7.5% rent bumps every five years, with three 5-year lease options. The lease commenced January 21, 2025, and expires January 31, 2045, offering a remaining term of 20.2 years. The asking price is $7,200,000. This is a rare opportunity to acquire a high-performing, long-term net lease asset in a thriving South Carolina market. The property is currently 100% occupied.

Property profile
Verified
Property type Day care centers
Year built 2024
Total area 11,265 SF
Lot 2.21 ac (96,268 SF)
UPID US77-2268865
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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