515 West St - Day Care Center FOR SALE


Mansfield, MA 02048
$1,795,000 USD
781-635-2449
515 West St, Mansfield, MA for Sale
$1,795,000 USD
Day Care Center - FOR SALE
1/5
null | 6.15% Cap Rate

515 West St
Mansfield, MA 02048


HIGHLIGHTS

  • RECENT 10-YEAR LEASE EXTENSION
  • ATTRACTIVE 3.25% ANNUAL RENT ESCALATIONS
  • STRONG DAYTIME POPULATION DRIVING ENROLLMENT DEMAND
  • 35+ YEAR OPERATING HISTORY AT THE SITE
  • FRONTING WEST STREET, DIRECTLY OFF I-95 & I-495
  • RECENT TENANT & LANDLORD REINVESTMENT

OVERVIEW

Atlantic Capital Partners is pleased to present the opportunity to acquire a freestanding KinderCare Learning Center located at 515 West Street in Mansfield, Massachusetts. The property features a 6,767 SF building on 1.50 acres leased to KinderCare Learning Centers, Inc., one of the nation’s leading providers of early childhood education and childcare. KinderCare recently executed a 10-year lease extension through April 2036, demonstrating its long-term commitment to this high-performing location where it has successfully operated for more than 35 years. The lease includes 3.25% annual rent increases, providing investors with stable income and consistent growth. Ideally positioned along West Street, directly off Interstate 95 and Interstate 495, the property benefits from exceptional visibility, strong accessibility, and robust surrounding demographics. The area boasts an average household income exceeding $140,000 and a daytime population of over 41,000 within five miles, driven by a strong mix of employers, retail destinations, and residential communities. These fundamentals make this KinderCare location a proven performer in one of Southeastern Massachusetts’s most desirable and affluent suburban markets.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare Learning Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

PBD

APN/PARCEL ID

MANS-000044-000000-000229

ASK ABOUT THIS PROPERTY

Danny GriffinAtlantic Capital PartnersMore Info
781-635-2449

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Danny GriffinAtlantic Capital PartnersMore Info
781-635-2449

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