Green Apple Childcare Center

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CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

7.25%

150,000

2023

4,000

0.80 acres

Long-Term Lease: 20-year sale-leaseback with four additional 5-year options to renew provides a stable long-term investment.

Annual Rent Increases: The lease will include 2.0% annual rent increases, fostering steady & long-term NOI growth.

Zero Landlord Responsibilities: The lease is structured as Absolute Net, whereas the tenant handles all expenses, offering the landlord true mailbox money.

Personal Guaranty: The operator is a HNWI and very experienced in the education sector. He currently operates four early education locations in the Greenville and Atlanta markets.

State-of-the-Art Construction: The building was completely renovated in 2024 and features top-tier Class A+ amenities for the teachers and students.

Strategic Location with High Population Density: Situated in the heart of Greenville, the location services dense neighborhoods with a population density of 175,000 within a 5-mile radius.

Affluent Area with Growing Wealth: The average household income within five miles exceeds $111,000 and is projected to surpass $124,000 by 2028.

Services Surrounding Businesses: Located just off I-385 and adjacent to a major medical submarket, this location offers local employees with a needed option for high-quality childcare.

Rapidly Developing Market: Greenville has gained recognition as a major destination for relocation and rapidly growing city, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockheed Martin, Tesla, and many more.

For more information:

Robert Schmidt, CCIM
Director & Shareholder
(864) 678-5995
Peter Couchell, CCIM
Managing Director & Shareholder
(864) 678-5923

Property Summary

Property Type:

Retail

Property Subtype:

Day Care/Nursery

Tenancy:

Single

Ownership:

Fee Simple

Lot Size:

0.80 Acres

Year Built:

2023

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

7.25%

NOI:

$150,000

Price per SF:

$517.25

Lease Type:

Net

Remaining Term:

20 years

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Confidentiality Agreement Form


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Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

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