PAT Kids - Hickory, NC
1880 North Center Street, Hickory, NC, 28601, US
PLN 7,001,000 | 578 m²
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant Lighthouse Autism Center located in Asheboro, NC. Scheduled to open in September 2026, the Property features a 15-year NNN lease with 2% annual rent escalations and minimal landlord responsibilities.
Comprising 7,611 square feet on a 1.16-acre lot, the Property is strategically positioned in Asheboro's medical corridor with over 7,000 vehicles per day. Lighthouse Autism Center, backed by Cerberus Capital Management ($55B+ AUM), operates over 53 centers across six states providing specialized one-on-one autism therapy. The Property serves the underserved Asheboro market within North Carolina's booming Piedmont-Triad region, capitalizing on the autism treatment market's projected 9.23% CAGR through 2034. This investment offers a recession-resistant healthcare asset with a market-leading tenant in a high-growth sector.
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Attributes
Asking price
PLN 13,424,000
Cap rate
6.75%
NOI
PLN 905,000
WALT
15 years
Year built
1995
Building area net
707 m²
Land area gross
0 m²
Media
Investment Highlights
- NNN lease structure - Corporate parent guaranty
- Limited landlord responsibilities (roof/structure)
- New 15-year lease with 2% annual rent escalations
- Strong tenant brand recognition with over 53 locations across 8 states
- Backed by Cerberus ($55B+ AUM global investment firm)
- Favorable reimbursement rates and regulatory climate in North Carolina
- Recession-resistant, high-growth autism care sector
- Renovation-to-suit for tenant
Contact brokers
Lighthouse Autism Center - Asheboro, NC (0 Properties)
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Last updated
22 Apr 2026
