920 N Williams Lake Rd - Day Care Center FOR SALE
Waterford, MI 48327 |
$1,443,092 USD
678-365-5168
920 N Williams Lake Rd
Waterford, MI 48327
HIGHLIGHTS
- This Asset is 100% Leased to Wee Discover Child Care on a Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporately Backed By EL Academies, Inc., Which is a Leading For- Profit Childcare Company in North America and a Leader in Early Education
- 10+ Feeder Elementary Schools Within a 5-Mile Radius: Beaumont Elementary School, Cooley Elementary School, Grayson Elementary School, Knudsen Element
- Total Consumer Spending on Education and Daycare Exceeds $100 Million Annually Within a 5-Mile Radius of This Location
- Ideally Located Just Off N Williams Lake Rd, Which Sees Over 16,850 VPD
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,900 SF Wee Discover Child Care Located at 920 North Williams Lake Road in Waterford, MI. This Deal Includes an Asset is 100% Leased to Wee Discover Child Care on a Triple Net (NNN) Lease With Zero Landlord Responsibilities Featuring 1.75% Annual Rental Escalations - 16 Years of Term Remaining, Providing For a Secured Investment.
IN COOPERATION WITH: Sands Investment Group Michigan, LLC - Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman - MI Lic. # 6502424113
FOR SALE DETAILS
PRICE
$1,443,092 USD
PRICE/SF
$172 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wee Discover Child Care - Waterford, MI
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
32
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
BI
APN/PARCEL ID
13-19-151-153
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678-365-5168
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