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6 Willowbrook Rd
Queensbury, NY 12804
Childtime · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Guarantee from Learning Care Group
- Annual Rental Increases
- Essential Service – Recession-Resilient Tenant
- The property is leased to the nation’s second-largest for-profit early education provider, operating over ±1,070 schools under eleven brands.
- The lease features 1.75% annual rent increases throughout the remaining ±8.7 years of the initial 15-year term, plus two, 5-year renewal options.
- The tenant operates in the essential childcare sector—a needs-based, non-discretionary service with strong long-term demand
EXECUTIVE SUMMARY
Broker of Record
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Cory Rosenthal
License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,945 SF
Building Class
B
Year Built
2001
Price
$1,436,085
Price Per SF
$160.55
Cap Rate
7.65%
NOI
$109,861
Tenancy
Single
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.05
Lot Size
3.92 AC
Zoning
O - Misc. Educational
Parking
40 Spaces (4.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 523400-296-012-0001-030-000-0000 | Improvements Assessment | $905,000 |
| Land Assessment | $406,000 | Total Assessment | $1,311,000 |
PROPERTY TAXES
Parcel Number
523400-296-012-0001-030-000-0000
Land Assessment
$406,000
Improvements Assessment
$905,000
Total Assessment
$1,311,000
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