607 Bedford St - Day Care Center FOR SALE


East Bridgewater, MA 02333
$6,024,919 USD
203-887-8797
607 Bedford St, East Bridgewater, MA for Sale
$6,024,919 USD
Day Care Center - FOR SALE
1/3
null | 6.75% Cap Rate

607 Bedford St
East Bridgewater, MA 02333


HIGHLIGHTS

  • Long-term Absolute NNN Lease with Strong Annual Rental Increases
  • Corporate Guarantee from Top Daycare Operator
  • Ideal Demographics for a Daycare Property
  • Large Lot with Strong Positioning Traffic Counts

OVERVIEW

Surmount is pleased to present the exclusive listing for a Cadence Academy located at 607 Bedfrod St, East Bridgewater, MA 02333. The site consists of roughly 15,000 rentable square feet of building space on an estimated 7.06-acre parcel of land. This Cadence Academy is subject to a 15-year Triple Net (NNN) lease, which commenced 3/25/2024. The current annual rent is $406,682 and has scheduled increases of 3.00% annually.

FOR SALE DETAILS

PRICE

$6,024,919 USD

PRICE/SF

$402 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cadence Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.06 AC

LAND SF

307,534 SF

ZONING

100

APN/PARCEL ID

EBRI-000032-000000-000017

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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