Daycare Center For Sale • 8,000 SF
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 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Childtime Learning Centers | ||
Learning Care Group |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
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 |
Airport | Drive | Walk | Distance |
Akron-Canton Regional | 33 min | - | 23.5 mi |
Cleveland-Hopkins International | 44 min | - | 30.4 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 20 |
Type: | Surface |
Included in Rent: | Yes |