Childcare Network – Selma, NC

Childcare Network
1201 S Pollock St, Selma, NC 27576, USA

Sands Investment Group is pleased to exclusively offer for sale the 7,212 SF Childcare Network NN Asset located at 1201 S Pollock Street in Selma, NC. This compelling investment opportunity features rare 3% annual rent escalations and 10 years of remaining lease term on a Double Net (NN) Lease, providing investors with stable and increasing cash flow. With landlord responsibilities limited to the roof and structure, the asset offers a highly passive ownership structure while benefiting from the security of an established childcare operator and favorable lease terms.

  • Corporate guarantee from Child Development Schools, Inc., a leading national childcare provider and one of the top 5 operators in the country. Established in 1988, the company operates over 272 locations across 10 states, providing significant scale and operating history.
  • Rare 3% annual rental escalations with 10 years of term remaining on a Double Net (NN) Lease with the only landlord responsibility being roof & structure.
  • Located in the Raleigh–Durham (Triangle) MSA, widely recognized as the fastest-growing major metropolitan area in North Carolina and one of the fastest-growing in the Southeast, the property benefits from strong and sustained population and employment growth.
  • The property is ideally positioned on a 0.89-acre lot between several large suburban neighborhoods and many key employers in the area with 5+ major feeder elementary schools within a 5-mile radius, including Selma Elementary School, North Johnston Elementary School, Princeton Elementary School, Micro-Pine Level Elementary School, and Thanksgiving Elementary School.
  • Total consumer spending on education and daycare exceeds $15 million annually within a 5-mile radius of this location, and average household income exceeds $68,307 within a 5-mile radius of this location.
  • The U.S. child care market was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

Childcare Network
1201 S Pollock St, Selma, NC 27576, USA

Childcare Network

Childcare Network is a leading provider of early childhood education and care services, offering a safe, nurturing, and engaging learning environment for children from infancy through 12 years of age. With more than 272 schools across 10 states, the organization is dedicated to supporting young learners through high-quality educational programs that foster academic, social, and emotional development. More than a traditional daycare provider, Childcare Network delivers a comprehensive curriculum designed to encourage growth across all areas of learning while helping children build confidence, independence, and essential life skills. Through its team of passionate educators and research-based curriculum, Childcare Network creates meaningful and interactive learning experiences that prepare children for long-term success in school and beyond. The organization is committed to providing families with a trusted educational foundation, helping children reach important developmental milestones and thrive in a supportive and enriching environment.

Price

$937,594

Cap Rate

7.00%

PREMISES

7,212 SF

YEAR BUILT

1982

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

06/30/2036

Lease Type

NN

RENTAL INCREASES

3% Annually

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