3459R Galway Rd | Ballston Spa, NY 12020
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3459R Galway Rd
Ballston Spa, NY 12020
CHILDTIME LEARNING CENTERS · Retail Property For Sale
Investment Highlights
- CORPORATE GUARANTEE FROM LEARNING CARE GROUP
- The Learning Care Group has over 1,070 schools nationwide under trusted brands like Childtime, La Petite Academy, and Tutor Time.
- WELL BELOW REPLACEMENT COST / TENANT CAPITAL IMPROVEMENTS
- The property is leased to the second largest for-profit early education providers in the U.S.
- The company is consistently recognized as a U.S. Best Managed Company based on overall business performance and proven track record according to Deloi
- This deal is offered at an attractive cap rate well below replacement cost for a childcare facility.
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,752 SF
Building Class
C
Year Built/Renovated
2007/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.43 AC
Zoning
B-4A Hwy Rstrt Retail - Highway Restricted Retail
Parking
17 Spaces (2.96 Spaces per 1,000 SF Leased)
Frontage
41’ on Galway Rd
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 414289-188-000-0001-066-002-0000 | Improvements Assessment | $490,000 |
| Land Assessment | $50,000 | Total Assessment | $540,000 |
Property Taxes
Parcel Number
414289-188-000-0001-066-002-0000
Land Assessment
$50,000
Improvements Assessment
$490,000
Total Assessment
$540,000
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