Big Blue Marble Academy — Sale in Cary, NC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Cary, NC 27519

Investment Figures

Cap rate
6.35%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Big Blue Marble Academy provides a globally inspired, nurturing early education environment designed to support children during their most formative years, beginning in infancy. Cary is a town in Wake, Chatham, and Durham counties in the U.S. state of North Carolina and is part of the Raleigh-Cary metropolitan area. Investment Highlights: • Fourteen Years Remaining on Absolute Triple-Net (NNN) Lease with 2 Percent Annual Rental Increases and Multiple Renewal Options • Strong Corporate Guaranty from Big Blue Marble Academy Holdings, LLC, Encompassing the Tenant's 93 Plus Locations Nationwide • Approximately 11 Feeder Elementary Schools within a Five-Mile Radius • Population in the Immediate Area is Projected to Increase More Than 8 Percent by 2030 • Over 147,000 Residents in a Five-Mile Radius • Average Household Income Exceeds $200,000 in the Immediate Surrounding Area • Immediate Access to Western Wake Fwy (SR-540) • Located in the Center of the Research Triangle, a High-growth Region in North Carolina Defined by Three Cities and their Universities: Raleigh (NC State), Durham (Duke), and Chapel Hill (UNC)

Market Context

This retail in Cary, NC is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Cary, NC — view the full market.

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