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3475 Embassy Pky
Fairlawn, OH 44333 Copley/Fairlawn

$3,102,425 USD

Daycare Center For Sale  •  8,000 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 7,900 SF
  • Lot Size 1.2 AC
  • Building Class B
  • Year Built 1997
  • Cap Rate 6.35 %
  • Tenancy Single
0 Transit Score
22 Walk Score

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.
Cap Rate: 6.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Childtime Learning Centers
Learning Care Group

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Botzum (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 11 min - 4.5 mi
Indigo Lake (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 13 min - 6.0 mi
AirportDriveWalkDistance
Akron-Canton Regional 33 min - 23.5 mi
Cleveland-Hopkins International 44 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Bryce Wong 818-540-8200 Matthews Real Estate Investment Services
Bryce Wong 818-540-8200 Matthews Real Estate Investment Services