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| Price $5,877,161 | Built/Renov 1991 | Tenant Nest Schools |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
12,000
| Lease Start
05-31-2024
| #Units
51
|
| Price/SF $489.76 | Expiration
05-30-2040
| Tenant Type Daycare/Education |
| NOI $411,401 | R. Term 15.6 | Ownership Fee Simple |
| Rent/SF
$34.28
| Increases 2.3%/7/yrs | Pop 5Mi 50,255 |
| Lot/AC 2.50 | Options 2/5yrs/2.25% | AHHI 5Mi $92,562 |
| | |
Nest Schools is strategically located on Twin Brook Drive, with access to 9,697 vehicles passing by daily. The property is surrounded by well-known national tenants such as Walgreens, Ace Hardware, McDonald's, Staples, Taco Bell, Marshalls, and more. Additionally, several feeder elementary schools within a 5-mile radius include Clemmons, Ward, Kimmel Farm, Friedberg, Griffith, among others....
...Build to suit
Near major nationals
Strategically located
Top 100 MSA
Affluent suburb location
Brand new lease
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
The Nest Schools is a private early childhood education provider offering daycare, preschool, and kindergarten programs. The company is known for its proprietary "Nest Play" curriculum, which is...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,043 | 17,146 | 46,795 |
| 2024 Total Population : | 2,905 | 16,324 | 45,349 |
| 2024 Employed Civilian Pop : | 1,527 | 7,689 | 23,043 |
| 2024 Total Businesses : | 50 | 272 | 921 |
| 2024 Average Household Income : | $ 115,491 | $ 106,051 | $ 101,886 |
| 2024 Total Consumer Spending : | $ 115 M | $ 609 M | $ 1637 M |
| 2024 Median Age : | 45 | 46 | 42 |
| 2024 Total Households : | 1,151 | 6,564 | 18,263 |
| 2024 Pop Age 25+: Bachelor's Degree : | 436 | 2,441 | 7,486 |
| 2024 Average Home Value : | $ 282,848 | $ 299,130 | $ 296,228 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| State Hwy 150 | 2022 | 1,112 | 0.86 mi | |
| Sunset Road | Frye Bridge Rd | 2022 | 879 | 1.06 mi |
| Central Rd | Central Ridge Ct | 2004 | 2,200 | 1.16 mi |
| Wildwood Pl | 2022 | 9,182 | 1.16 mi | |
| NC 150 | Boulevard Rd | 2022 | 6,940 | 1.16 mi |
| Central Road | Central Ridge Ct | 2022 | 2,681 | 1.17 mi |
| Gus Hill Road | Ephrem Rd | 2022 | 607 | 1.23 mi |
| Mount Olivet Church Road | Union Grove Rd | 2022 | 1,290 | 1.32 mi |
| State Road 1631 | Hwy 150 | 2022 | 66 | 1.35 mi |
| Enterprise Rd | 2022 | 7,118 | 1.44 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
