3475 Embassy Pky - Day Care Center FOR SALE


Akron, OH 44333- Copley/Fairlawn
$3,031,000 USD
818-540-8200
3475 Embassy Pky, Akron, OH for Sale
$3,031,000 USD
Day Care Center - FOR SALE
1/6
null | 6.5% Cap Rate

3475 Embassy Pky
Akron, OH 44333
Copley/Fairlawn


HIGHLIGHTS

  • LEADER IN THE CHILDCARE SECTOR – Childtime Learning Centers is one of 11 unique, individual brands under the Learning Care Group Incorporated
  • SIGNIFICANT REINVESTMENT INTO THE PROPERTY – The Tenant is undertaking major renovations to the premises, deploying $485k in improvements
  • EARLY LEASE EXTENSION & EXTENSIVE OPERATING HISTORY – Childtime Learning Centers has been operating at this location for 28 years
  • EXCEPTIONAL EARLY EDUCATION DEMOGRAPHICS – The daycare benefits from the combination of the ultra-high-income community
  • LARGE SURROUNDING OFFICE CORRIDOR
  • PROJECTED EARLY EDUCATION INDUSTRY GROWTH – The US childcare market was valued as a $59.87 billion dollar industry

OVERVIEW

Broker of Record Matt Wallace License # REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113

FOR SALE DETAILS

PRICE

$3,031,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Childtime Learning Centers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

-

APN/PARCEL ID

78-00112

ASK ABOUT THIS PROPERTY

Bryce WongMatthews Real Estate Investment ServicesMore Info
818-540-8200

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Bryce WongMatthews Real Estate Investment ServicesMore Info
818-540-8200

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