Marketing Description
Furman Capital Advisors is pleased to offer a Brand New Primrose Schools for sale in Greenville, SC
Investment Highlights
- Long-Term Lease: Brand new 20.25 year lease with two 5-year renewal options
- Favorable Rent Growth: 10% rent increases every five years to hedge against inflation and provide long-term value creation
- Minimal Landlord Responsibilities: A true NNN lease with landlord only responsible for roof & structure. Buyer will receive a fully transferrable 20-year roof warranty at closing.
- Brand New Class A+ Construction: 2022 Build-to-suit for Primrose with an estimated Q1 delivery
- Excellent Access to Population Density: Over 142,000 people within a five-mile radius and access to the greater market via I-85
- Remarkably Affluent Demographics: The average household income within a one-mile radius has surpassed $110,000 and is expected to surpass $122,000 by 2025
- Highly Desirable Submarket: The Pelham Rd and I-85 submarket is one of Greenville’s most desirable areas due to its affluent neighborhoods and access to high-paying jobs
- Booming Greater Market: Greenville is one of America’s hottest emerging destinations and fastest growing cities. From a revitalized downtown ranked among “America’s Ten Best” to the influx of major employers such as BMW, Michelin, GE, and Lockheed Martin Aircraft, Greenville is quickly growing into one of the top choices to live in the Southeast.
- High Demand Investment State: South Carolina is a popular market for real estate investors looking to profit on the state’s rapid appreciation rates and strengthening economy