915 Boyd's Corner Rd | Middletown, DE 19709
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915 Boyd's Corner Rd
Middletown, DE 19709
Kiddie Academy of Middletown · Retail Property For Sale
Investment Highlights
- Leader in the Childcare Sector: Kiddie Academy serves as a leader within the childcare space, franchising over 300 schools throughout 33 states nation
- Strong Rental Increases: Lease features rare 3% annual increases throughout the duration of the term, helping to offset inflation
- Affluent Market: This school is located just outside of Wilmington, benefiting from an average household income of $196,000+ within a 1-mile radius
- Monster Growth: The surrounding area is expected to grow nearly 20% over the next 5 years in total population and total households
- Attractive Lease Terms: Offering includes roughly 14 years of lease term with attractive annual bumps and minimal landlord responsibilities
- Ideal Location: Multiple housing developments are taking place within the immediate vicinity of the subject property
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,200 SF
Building Class
C
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.53 AC
Zoning
S
Parking
32 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
262’ on Boyds Corner Rd
Property Taxes
| Parcel Number | 13-013.00-066 | Improvements Assessment | $332,100 |
| Land Assessment | $39,400 | Total Assessment | $371,500 |
Property Taxes
Parcel Number
13-013.00-066
Land Assessment
$39,400
Improvements Assessment
$332,100
Total Assessment
$371,500
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