Cap Rate
11.09%
Leasable Area
8,519 SF
Property Type
Retail
LEAD LISTING AGENT
Email
[email protected]
License No.
02149788 (CA)
Direct
+1 (949) 207-6455
Mobile
+1 (818) 540-8200
DEBT FINANCING AGENT
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