850 NE Swann Rd - Day Care Center FOR SALE
Lees Summit, MO 64086 |
$1,800,000 USD
650-678-7200
850 NE Swann Rd
Lees Summit, MO 64086
HIGHLIGHTS
- 15-year absolute net lease featuring corporate and personal guarantees
- 10% rental increases every 5 years providing a hedge against inflation
- Excellent intrinsics – replaceable rent ($24/SF) & low price per foot ($352/SF)
- Kid City USA is a rapidly expanding early childhood education provider with over 140 locations nationwide
- Net income positive at the corporate level (ask Agent for more details)
- Affluent demographics – $120,000 average household incomes within a 5-mile radius of the subject property
OVERVIEW
A 15-year Kid City USA lease with 12+ years remaining in the base term featuring 10% rental increases every 5 years and both corporate and personal guarantees. Subject property is located in Lee’s Summit – a burgeoning suburb of Kansas City experiencing significant economic development centered around attracting new residents.
FOR SALE DETAILS
PRICE
$1,800,000 USD
PRICE/SF
$353 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kid City USA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
0.63 AC
LAND SF
27,443 SF
ZONING
CP-2
APN/PARCEL ID
52-840-12-04-00-0-00-000
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
