3980 Ranchero Dr - Office FOR SALE


Ann Arbor, MI 48108- Pittsfield Lodi
$6,965,000 USD
858-373-3174
3980 Ranchero Dr, Ann Arbor, MI for Sale
$6,965,000 USD
Office - FOR SALE
1/2
null | 7.75% Cap Rate

3980 Ranchero Dr
Ann Arbor, MI 48108
Pittsfield Lodi


HIGHLIGHTS

  • New 15-Year Absolute NNN Lease with No Landlord Responsibilities
  • Rare 2.5% Annual Rental Increases Throughout the Base Term and Options
  • Corporate Guaranty from New Jule Holdings (200+ Locations) for 5 Years and Full-Term Personal Guaranty
  • Ranked #129 on Entrepreneur’s Franchise 500 and #248 on Franchise Times’ Top 400
  • Average Gross Revenue for Lightbridge Academy After 24 Months is $3+ Million
  • Child Care Industry is Booming and on Track to Grow Approximately 49% by 2030

FOR SALE DETAILS

PRICE

$6,965,000 USD

PRICE/SF

$467 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lightbridge Academy

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

2.36 AC

LAND SF

102,802 SF

ZONING

BI

APN/PARCEL ID

12-08-310-023

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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