5912 Oakcross Ln - Day Care Center FOR SALE


Frederick, MD 21701
$7,555,000 USD
202-552-0092
5912 Oakcross Ln, Frederick, MD for Sale
$7,555,000 USD
Day Care Center - FOR SALE
1/9
null | 6.75% Cap Rate

5912 Oakcross Ln
Frederick, MD 21701


HIGHLIGHTS

  • Brand New 20-Year Lease | Options To Extend |Scheduled Rental Increases | Franchise Guaranty
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Lake Linganore Town Center | Near Oakdale School Complex
  • Nearby Developments | Rapidly Expanding Trade Area | Lake Linganore Town Center (1,133 units) | Oakdale Village
  • Excellent Visibility & Access
  • Strong Demographics In 5-mile Trade Area

OVERVIEW

• Brand new 20-year lease with 2 (5-year) options to extend • The lease is backed by a guaranty from The Learning Experience’s largest franchisee • The lease features 10% rental increases every 5 years and at the beginning of each option period

FOR SALE DETAILS

PRICE

$7,555,000 USD

PRICE/SF

$756 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience - Frederick MD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

MXD

APN/PARCEL ID

09-605957

ASK ABOUT THIS PROPERTY

Philip WelldeSRS Real Estate PartnersMore Info
202-552-0092

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Philip WelldeSRS Real Estate PartnersMore Info
202-552-0092

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