1200 AM Dr - Day Care Center FOR SALE


Quakertown, PA 18951
$3,295,000 USD
215-816-5835
1200 AM Dr, Quakertown, PA for Sale
$3,295,000 USD
Day Care Center - FOR SALE
1/11
null | 6.75% Cap Rate

1200 AM Dr
Quakertown, PA 18951


HIGHLIGHTS

  • Nationally Recognized Tenant, Over 40 year Franchise
  • Strategically located at Main Intersection on John Fries Highway
  • Multiple neighborhood subdivisions and shopping within 3 miles
  • Recession-Resistant Sector
  • Strong Demographics

OVERVIEW

This offering represents a rare opportunity to acquire a stabilized, Kiddie Academy in a high-demand suburban market. A Newly built (2020) modern state-of-the-art facility which includes architectural enhancements, high-end fit and finishes. Roughly 10+ years remaining on an original 15 year modified gross lease with rental increases every other year. The property benefits from proximity to Route 309, I-476 (PA Turnpike) and Route 663 making it convenient for parents commuting to major employment hubs. Easily accessed off John Fries Highway from the signalized intersection.

FOR SALE DETAILS

PRICE

$3,295,000 USD

PRICE/SF

$439 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kiddie Academy at Milford Commerce Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

9.7 AC

LAND SF

422,532 SF

ZONING

PI

APN/PARCEL ID

23-002-150-005

ASK ABOUT THIS PROPERTY

Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Craig Fernsler, CCIMKW CommercialMore Info
215-816-5835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.