2 Iron Bridge Dr - Schools FOR SALE


Collegeville, PA 19426
$2,900,000 USD
646-841-0637
2 Iron Bridge Dr, Collegeville, PA for Sale
$2,900,000 USD
Schools - FOR SALE
1/3
null | 9.36% Cap Rate

2 Iron Bridge Dr
Collegeville, PA 19426


HIGHLIGHTS

  • Naked Lease | Owner/Operation or value-add opportunity.
  • Prime, Growing Location | High demand in an affluent, expanding market.
  • 19+ Years of Stability | Proven track record with room for operational improvements.
  • $465M Spent on Education Nearby | Access to a strong, growing local market.
  • Philadelphia MSA | Located in a thriving metro area with continuous growth and opportunity.

OVERVIEW

Northmarq is pleased to exclusively offer for sale a single-tenant early education property leased to Cadence Education in Collegeville, an affluent suburb outside of Philadelphia, PA. Cadence Education schools are corporately operated and have more than 300 schools as members of the Cadence Education Family of Schools across the country. This property has served the community and nearby office employees for over 19 years as a go-to childcare provider. This is very affluent area that boasts an excellent 3-mile average household income of $189k+ and is expected to grow 13.92% by '29 w/ a 102K+ population within 5 miles.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

9.36%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cadence Education | Philadelphia, PA MSA

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

LI; Perkimen Twp

APN/PARCEL ID

48-00-00292-002

ASK ABOUT THIS PROPERTY

John RotunnoNorthmarqMore Info
646-841-0637

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John RotunnoNorthmarqMore Info
646-841-0637

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