3475 Embassy Pky - Day Care Center FOR SALE
Fairlawn, OH 44333 |
$3,102,425 USD
818-540-8200
3475 Embassy Pky
Fairlawn, OH 44333
HIGHLIGHTS
- LEADER IN THE CHILDCARE SECTOR – The Learning Care Group is the second-largest for profit childcare provider with 1,100+ locations nationally.
- SIGNIFICANT REINVESTMENT INTO THE PROPERTY – The Tenant is undertaking major renovations, deploying $485k in improvements into the school.
- EARLY LEASE EXTENSION & EXTENSIVE OPERATING HISTORY – Childtime has operated at this location for 28 years and recently extended for another 10 years.
- EXCEPTIONAL EARLY EDUCATION DEMOGRAPHICS – The daycare benefits from multiple surrounding ultra-high-income communities ($199k+ average HHI).
- LARGE SURROUNDING OFFICE CORRIDOR – The daycare’s surrounding corridor consists of 2,000,000+ square feet of medical and traditional office space.
- PROJECTED EARLY EDUCATION INDUSTRY GROWTH – The US childcare market is anticipated to reach a $73B valuation by 2030.
FOR SALE DETAILS
PRICE
$3,102,425 USD
PRICE/SF
$388 USD /SF
CAP RATE
6.35%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,272 SF
ZONING
-
APN/PARCEL ID
78-00112
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818-540-8200
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818-540-8200
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