Map of Property

Cadence Academy

For Sale

1130 Sparkleberry Lane, Columbia, SC 29223

This Columbia property for sale is located at 1130 Sparkleberry Lane. The current listed sale price for Cadence Academy is $3,340,000.

Contacts

broker
John Andreini

CP Partners

Property Details

  • Property Type Retail - Freestanding
  • Property Size 9,762 SF
  • Property Tenancy Single Tenant
  • Date Updated Apr 7, 2025
Excellent intrinsic value with replaceable rent at $22/ft and a building price of $342/ft. With 9+ years remaining on a corporate absolute NNN lease, Cadence Academy features 2% annual rental increases and is backed by the tenant's parent company. The subject property is located across the street from two of the most heavily trafficked shopping centers in the state per Placer.ai - Sparkleberry Square and Northpointe Commons.
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Highlights

  • 9+ years remaining on corporate lease featuring 2% annual rental increases
  • Absolute NNN structure making this a truly “hands-off” investment
  • Lease is backed and executed by tenant’s parent company – Cadence Education, LLC
  • Strong intrinsics – rent at $22/ft and price per foot of $342/ft
  • Subject property located across the street from two heavily trafficked shopping centers
  • All schools corporate operated – leadership team benefits from extensive experience in the childcare/early education space
  • Private equity backing – Apax Partners recently invested in Cadence to assist their growth strategy

Getting around

  • 61/100

    Walk Score ®

  • 43/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Columbia, SC
  • Neighborhood Pontiac
  • Zip Code 29223
  • Market Columbia

Points of Interest

  • Kroger

    0.16 miles

  • Murphy USA

    0.28 miles

  • Speedway

    0.34 miles

  • Sunoco

    0.44 miles

  • BP

    0.57 miles

  • Sam's Club

    0.72 miles

  • Exxon

    0.76 miles

  • Circle K

    0.83 miles

  • Columbia, SC - Town Center Place - Supercharger

    0.84 miles

  • Citgo

    1.94 miles

  • KFC

    0.08 miles

  • Edo Hibachi

    0.14 miles

  • Schiano's

    0.17 miles

  • Applebee's

    0.19 miles

  • Dickey's Barbecue Pit

    0.21 miles

  • Chipotle

    0.21 miles

  • Tropical Smoothie Cafe

    0.21 miles

  • Angel Restaurant

    0.24 miles

  • Magnolia Buffet

    0.24 miles

  • Red Lobster

    0.25 miles

  • Publix

    0.16 miles

  • Kroger

    0.23 miles

  • Ross

    0.28 miles

  • Kohl's

    0.34 miles

  • Walmart Supercenter

    0.44 miles

  • Target

    0.52 miles

  • Burlington

    0.69 miles

  • Belk

    0.79 miles

  • TJ Maxx

    0.85 miles

  • The Fresh Market

    0.88 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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