206 Great Rd - Day Care Center FOR SALE


Littleton, MA 01460
$6,880,000 USD
508-272-0585
206 Great Rd, Littleton, MA for Sale
$6,880,000 USD
Day Care Center - FOR SALE
1/5
null | 7.15% Cap Rate

206 Great Rd
Littleton, MA 01460


HIGHLIGHTS

  • LONG-TERM NNN LEASE WITH STRONG OPERATOR
  • AFFLUENT AND GROWING SUBMARKET
  • PROXIMITY TO MAJOR EMPLOYERS & TECH CORRIDOR
  • PURPOSE-BUILT CHILDCARE FACILITY
  • LIMITED LANDLORD RESPONSIBILITIES
  • HIGH BARRIERS TO ENTRY

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of The Learning Experience in Littleton, Massachusetts. This newly renovated, single tenant asset consists of a purpose-built childcare facility located along Great Road (Route 119), offering prominent visibility within one of Middlesex County’s affluent and family-oriented communities. Situated at 206 Great Road, the property encompasses approximately 2 acres and is 100% leased to The Learning Experience (TLE) on a new 20-year NNN lease. The lease features 10% rent increases every 5 years including throughout their two (2) five-year options. TLE is currently paying $492,000 annually, increasing to $541,200 in Year 6, and $595,320 in Year 11. The renewal options escalate further to $720,337 and $792,371, respectively.

FOR SALE DETAILS

PRICE

$6,880,000 USD

PRICE/SF

$625 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

R

APN/PARCEL ID

LITT-000006U-000004-000003

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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