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Childtime Learning Centers 3475 Embassy Pky 7,900 SF Retail Building Akron, OH 44333 $3,031,000 ($383.67/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- LEADER IN THE CHILDCARE SECTOR – Childtime Learning Centers is one of 11 unique, individual brands under the Learning Care Group Incorporated
- EARLY LEASE EXTENSION & EXTENSIVE OPERATING HISTORY – Childtime Learning Centers has been operating at this location for 28 years
- LARGE SURROUNDING OFFICE CORRIDOR
- SIGNIFICANT REINVESTMENT INTO THE PROPERTY – The Tenant is undertaking major renovations to the premises, deploying $485k in improvements
- EXCEPTIONAL EARLY EDUCATION DEMOGRAPHICS – The daycare benefits from the combination of the ultra-high-income community
- PROJECTED EARLY EDUCATION INDUSTRY GROWTH – The US childcare market was valued as a $59.87 billion dollar industry
EXECUTIVE SUMMARY
Matt Wallace
License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Health Care and Social Assistance
- -
- -
- -
Founded in 1967 as a division of Gerber Products Corporation, Childtime now has learning centers across the country—many conveniently located in hospitals, government facilities, corporate sites, and office parks. They offer child care and early education services to children from ages six weeks through 12 years. Highly trained, dedicated directors, teachers, and staff are present every day to ensure your child’s well-being and to guide them on their journey. Their homelike setting and safe, secure environment make their centers the perfect place for children to play, laugh, and discover. Childtime is a subsidiary of Learning Care Group, Inc., a for-profit provider of early childhood care and education services in the United States.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Health Care and Social Assistance | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 78-00112 | Improvements Assessment | $216,759 |
| Land Assessment | $83,790 | Total Assessment | $300,549 |
PROPERTY TAXES
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Childtime Learning Centers | 3475 Embassy Pky
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