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Child Care & Learning Center (Investment) 3004 NW 18th St 12,182 SF Retail Building Ankeny, IA 50023 $4,745,000 ($389.51/SF)
INVESTMENT HIGHLIGHTS
- Investment Opportunity
- 2.5% Annual Bumps
- Operator has a 15-Year NNN Lease
- Prime location in NW Ankeny with close proximity to schools and residential neighborhoods
EXECUTIVE SUMMARY
CDM Real Estate Services is pleased to present an investment opportunity to purchase this newly remodeled 12,182 square foot, child care and learning center. It was originally built in 2014 and updated in 2023. Leased to New Creations Child Care & Learning Center (operator) on a 15-year triple net lease. The building is strategically located on the northwest corner of NW Irvinedale Drive and NW 18th Street in Ankeny with excellent visibility and accessibility to the business. This prime location in NW Ankeny with close proximity to schools and residential neighborhoods.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,182 SF
Building Class
C
Year Built/Renovated
2014/2023
Price
$4,745,000
Price Per SF
$389.51
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.43 AC
Zoning
PUD - Planned Unit Development - Commercial Use /- Most Retail, Service, Office Uses Allowed
Parking
65 Spaces (5.34 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 181-00680899001 | Improvements Assessment | $3,327,000 |
| Land Assessment | $229,000 | Total Assessment | $3,556,000 |
PROPERTY TAXES
Parcel Number
181-00680899001
Land Assessment
$229,000
Improvements Assessment
$3,327,000
Total Assessment
$3,556,000
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Child Care & Learning Center (Investment) | 3004 NW 18th St
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