5 Allyson Way
Allentown, NJ 08501
Kiddie Academy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- SELLER FINANCING AVAILABLE: 5 Year Fixed, 50% LTV, 25 Year Amortization, 6.50% Interest Rate, 8.89% Year 1 Cash on Cash Return
- Lease features attractive 2% annual increases throughout the duration of the term helping to offset inflation
- This school benefits from an average household income of $173,000+ within a 5-mile radius providing a strong target clientele in the surrounding marke
- Kiddie Academy serves as a leader within the childcare space, franchising over 300 schools nationally with 30-40 more projected to open annually
- This offering includes just over 10 years of lease term remaining with attractive rental bumps and minimal landlord responsibilities
- Property sits along a high-traffic throughway connecting the City of Trenton to the New Jersey Coast seeing over 50,000 vehicles per day
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,037 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.03 AC
Zoning
CC
Parking
50 Spaces (4.98 Spaces per 1,000 SF Leased)
Frontage
530’ on Allyson Way
PROPERTY TAXES
| Parcel Number | 51-00015-02-00005 | Improvements Assessment | $1,155,000 |
| Land Assessment | $298,900 | Total Assessment | $1,453,900 |
