Log In/Sign Up
Your email has been sent.
The Learning Experience 2220 64th SW st 10,000 SF Retail Building Byron Center, MI 49315 $6,979,600 CAD ($697.96 CAD/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- 15 Year initial base term lease
- Brand new construction- estimated completion December of 2023
- 8% rental increases every 5 years
- Two 5-year options to extend
- Sellers Preference is to close on property 12 months after tenant begins occupancy
- The Learning Experience is Americas #1 fastest growing child care franchise
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
B
Year Built
2023
Price
$6,979,600 CAD
Price Per SF
$697.96 CAD
Cap Rate
7%
NOI
$488,516 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.96 AC
Zoning
Commerical - Commercial Zoned District
Frontage
200’ on 64th Street Southwest
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 41-21-03-302-006 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $348,517 CAD |
PROPERTY TAXES
Parcel Number
41-21-03-302-006
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$348,517 CAD
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Learning Experience | 2220 64th SW st
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.