101 Orvis Way - Day Care Center FOR SALE


West Chester, PA 19382
$4,237,000 USD
484-567-2340
101 Orvis Way, West Chester, PA for Sale
$4,237,000 USD
Day Care Center - FOR SALE
1/3
null | 7% Cap Rate

101 Orvis Way
West Chester, PA 19382


HIGHLIGHTS

  • Corporate guarantee via the corporate entity signature as well as a personal guarantee by the founder of Ducklings Early Learning Centers
  • NNN with the tenant administering and paying for all the common area maintenance, real estate taxes and landlord insurance
  • Newly built (2020) modern state-of-the-art facility which includes architectural enhancements, high-end fit and finishes
  • Roughly 11yrs. remaining on an original 15yr. NNN lease with 10% rental increases every five years and 2 x 5yr. options to extend
  • Highly visible from Wilmington Pike with over 59,000 VPD, has easy access from the signalized intersection of Wilmington Pike and Skiles Blvd
  • Chester County (suburban Phl) is the wealthiest county in Pennsylvania - average HHI’s ranging from $170K+ in 1-mile radius to $174K+ in 5-mile

OVERVIEW

*Real Estate for sale only. CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 11,191 SF site situated on 3.29 acres located on Wilmington Pike in West Chester, Pennsylvania. This property offers a passive ownership opportunity with Ducklings operating on a NNN lease, minimizing landlord responsibilities as the tenant reimburses for taxes, insurance, and operating costs. The lease includes scheduled rental increases, ensuring potential for enhanced returns over time. This brand new construction property requires no deferred maintenance and is privately guaranteed by the founder of Ducklings Early Learning Centers, a respected name in the West Chester area for early childhood education.

FOR SALE DETAILS

PRICE

$4,237,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ducklings Early Learning Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.29 AC

LAND SF

143,312 SF

ZONING

R1

APN/PARCEL ID

67-004-0023.0000

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
484-567-2340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Matthew GormanCBRE, Inc.More Info
484-567-2340

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.