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Lightbridge Academy 3980 Ranchero Dr 14,925 SF Office Building Ann Arbor, MI 48108 $9,659,967 CAD ($647.23 CAD/SF) 7.75% Cap Rate
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities
- Corporate Guaranty from New Jule Holdings (200+ Locations) for 5 Years and Full-Term Personal Guaranty
- Average Gross Revenue for Lightbridge Academy After 24 Months is $3+ Million
- Rare 2.5% Annual Rental Increases Throughout the Base Term and Options
- Ranked #129 on Entrepreneur’s Franchise 500 and #248 on Franchise Times’ Top 400
- Child Care Industry is Booming and on Track to Grow Approximately 49% by 2030
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
14,925 SF
Building Class
B
Year Built/Renovated
1995/2026
Price
$9,659,967 CAD
Price Per SF
$647.23 CAD
Cap Rate
7.75%
NOI
$748,942 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
14,925 SF
Building FAR
0.15
Lot Size
2.36 AC
Zoning
BI - Commercial Zoned District
Parking
66 Spaces (4.42 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
- Reception
- Central Heating
- Reception
- Air Conditioning
- Smoke Detector
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 12-08-310-023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,806,382 CAD |
Property Taxes
Parcel Number
12-08-310-023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,806,382 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Lightbridge Academy | 3980 Ranchero Dr
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