222 Federal City Rd - Day Care Center FOR SALE


Lawrenceville, NJ 08648
$3,774,000 USD
215-603-6914
222 Federal City Rd, Lawrenceville, NJ for Sale
$3,774,000 USD
Day Care Center - FOR SALE
1/7
null | 7.75% Cap Rate

222 Federal City Rd
Lawrenceville, NJ 08648


HIGHLIGHTS

  • Established 13,126 SF childcare facility on a prominent 4.07-acre signalized corner parcel.
  • Corporate-guaranteed NNN lease with annual rent increases.
  • Affluent Princeton demographics with average household incomes exceeding $195,000 within 1 mile.
  • Located within a premier education and employment corridor.
  • Excellent access to I-295 and major regional transportation routes.
  • Strong population and household growth supporting long-term childcare demand.

OVERVIEW

CBRE is pleased to exclusively present for sale this Guidepost Montessori childcare facility located in Princeton, New Jersey, within one of Central New Jersey’s most affluent and academically distinguished suburban markets. The property is leased under a long-term NNN lease structure with approximately 5 years remaining in the initial term and annual rental increases equal to the lesser of 1.75% or CPI growth. Bright Horizons has subleased the center to Guidepost Montessori, while the lease remains guaranteed by Bright Horizons Children’s Centers LLC, providing investors with institutional-quality credit backing from one of the nation’s leading early education providers.

FOR SALE DETAILS

PRICE

$3,774,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guidepost Montessori | Princeton, NJ

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

59

LAND DETAILS

LAND ACRES

4.07 AC

LAND SF

177,289 SF

ZONING

R-2A

APN/PARCEL ID

07-05901-0000-00001-02

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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

Matthew GormanCBRE, Inc.More Info
215-603-6914

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