EXCELLENT START LEARNING CENTER (LEASEHOLD)

8401 Carlson Ln, Randallstown, MD 21244
$1,350,000

Cap Rate
11.09%
Leasable Area
8,519 SF
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • Strong Operating History and Presence in the Community – This location has been an active child care center since 1992, demonstrating the positive aspects of its location.
  • Long Term Tenant Commitment Through Recent Extension –  Tenant recently extended their Leasehold agreement another 5 years, further proving their commitment to the location.
  • Optimal Market for Childcare Services – The subject school operates within the immediate vicinity of the Windsor Mill Middle School, Winfield Elementary School, and the Northwest Hospital, a full-service hospital with 367 private rooms and over a 50-year operating history.
  • Investment Payoff – Total estimated income over the duration of the term amounts to a higher number than the asset purchase price.
  • Ideal Demographics – Property is located within the Baltimore MSA, a top-20 MSA in the country with an average HHI of $90,000+ and over 210,000 people in a 5-mile radius.

Broker of Record

  • Kyle Matthews
  • License No. 664913 (MD)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203