Day Care Centers & Nurseries /IA /Linn County /Cedar Rapids /615 1st Ave SE
Day Care Centers & Nurseries /IA /Linn County /Cedar Rapids /615 1st Ave SE

615 1st Ave SE - Day Care Center FOR SALE


Cedar Rapids, IA 52401- Downtown Cedar Rapids | 
$3,720,000 USD
952-852-9729
615 1st Ave SE, Cedar Rapids, IA for Sale
$3,720,000 USD
Day Care Center - FOR SALE
1/6
null | 6.5% Cap Rate
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615 1st Ave SE
Cedar Rapids, IA 52401
Downtown Cedar Rapids

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HIGHLIGHTS

  • Double Net Lease Through October 2032
  • 10% Rent Increase in 2027
  • Corporate Guarantee From KinderCare, the Largest Childcare Provider with Over 1,400 Locations
  • Corner Location in Downtown Cedar Rapids with Courtyard Playground

FOR SALE DETAILS

PRICE

$3,720,000 USD

PRICE/SF

$190 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kinder Care Learning Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,928 SF

ZONING

-

APN/PARCEL ID

14214-51003-00000

ASK ABOUT THIS PROPERTY

Ari ChargoMarcus & MillichapMore Info
952-852-9729

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Ari ChargoMarcus & MillichapMore Info
952-852-9729

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

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