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Little Sprouts & Moody Extension Pre-School 443 W Lowell Ave 30,030 SF 100% Leased Office Building Haverhill, MA 01832 $7,200,000 ($239.76/SF)
Investment Highlights
- 95% visibility in each classroom for improved safety for better monitoring contributing to low-risk management spaces.
- Connected classrooms allow enhanced teacher collaboration and rotation learning. Child & teacher sinks in vast majority of classrooms.
- All-natural flooring, calming paint colors, sensory lighting throughout. Light filtering shades that block UV rays. Speakers throughout entire space.
- Classrooms average 45 sq. ft. per child vs. more minimal state regulations. Flooring & cabinetry updated within past year.
- Ceiling acoustic tiles to to improve sound quality and reduce echo’s. Oversized operational windows allowing vast natural light and fresh air.
- Microwaves, mini-fridges, phones & storage closets throughout vast majority of classrooms. Washer/dryer hookups both floors.
Executive Summary
Rare opportunity to acquire a fully leased, cash-flowing commercial asset in one of the fastest-growing locations outside of Boston. 443 W Lowell Avenue offers approximately 30,030 SF on a 1.22-acre site, strategically located with immediate access to I-495 and major commuter routes, providing strong regional accessibility and long-term tenant demand. The property is 100% occupied by established childcare and early educational users, delivering stable, necessity-based income in a sector driven by persistent supply-demand imbalance. Haverhill continues to experience a significant shortage of licensed childcare capacity, reinforcing long-term occupancy and rent sustainability in this asset class. This investment is further distinguished by its built-in value-add components. A +/-10,000 SF lower level presents immediate potential to increase NOI through storage or complementary uses, offering investors a clear path to revenue expansion. Additionally, the property benefits from rare approved vertical expansion, creating a unique opportunity to significantly increase rentable square footage and future income without the typical entitlement risk. Additionally, the mixed used zoning classification of this property, typically allows a combination of residential and commercial uses, such as professional offices, retail stores, consumer services, restaurants, and residential units, making the future value of this asset even more valuable. Purpose-built childcare facilities remain in limited supply and are supported by high barriers to entry, making this a highly defensible investment with strong tenant retention characteristics. Combined with its strategic location, stable in-place income, and multiple avenues for growth, 443 W Lowell Avenue represents a compelling opportunity for investors seeking both yield and long-term value creation. Please inquire for all financials and lease information.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
30,030 SF
Building Class
B
Year Built
2008
Price
$7,200,000
Price Per SF
$239.76
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
15,015 SF
Building FAR
0.57
Lot Size
1.22 AC
Zoning
Mixed Use - Professional offices, retail stores, consumer services, restaurants, and residential units.
Parking
52 Spaces (1.73 Spaces per 1,000 SF Leased)
Amenities
- Day Care
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Haverhill Public Schools
- Educational Services
- 10,300 SF
- -
- -
-
- Educational Services
- -
- -
- -
Little Sprouts began in 1982 when it first opened its doors in Massachusetts. The company provides childcare and early education services for infants through preschoolers. Their approach combines play-based learning with a nature-inspired curriculum that emphasizes social-emotional development. Little Sprouts operates numerous schools across Massachusetts and New Hampshire as part of a global network dedicated to early childhood education.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Haverhill Public Schools | Educational Services | 10,300 SF | - | - | ||
|
|
Educational Services | - | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | HAVE-000581-000001-000004-000003-000003 | Improvements Assessment | $2,406,100 |
| Land Assessment | $303,500 | Total Assessment | $2,709,600 |
Property Taxes
Parcel Number
HAVE-000581-000001-000004-000003-000003
Land Assessment
$303,500
Improvements Assessment
$2,406,100
Total Assessment
$2,709,600
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Presented by
Bella View Realty Group, LLC
Little Sprouts & Moody Extension Pre-School | 443 W Lowell Ave
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