2220 64th SW st - Day Care Center FOR SALE


Byron Center, MI 49315
$5,000,000 USD
616-254-0005
2220 64th SW st, Byron Center, MI for Sale
$5,000,000 USD
Day Care Center - FOR SALE
1/10
null | 7% Cap Rate

2220 64th SW st
Byron Center, MI 49315


HIGHLIGHTS

  • 15 Year initial base term lease
  • Two 5-year options to extend
  • Brand new construction- estimated completion December of 2023
  • Sellers Preference is to close on property 12 months after tenant begins occupancy
  • 8% rental increases every 5 years
  • The Learning Experience is Americas #1 fastest growing child care franchise

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Commerical

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin VanHaitsmaBradley CompanyMore Info
616-254-0005

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Kevin VanHaitsmaBradley CompanyMore Info
616-254-0005

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