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3475 Embassy Pky
Akron, OH 44333 Copley/Fairlawn

$3,031,000 USD

Daycare Center For Sale  •  7,900 SF

Property Details

• Property Type Daycare Center
• Total Building Size 7,900 SF
• Lot Size 1.2 AC
• Building Class B
• Year Built 1997
• Cap Rate 6.50 %
• Tenancy Single

0 Transit Score

22 Walk Score

Highlights

LEADER IN THE CHILDCARE SECTOR – Childtime Learning Centers is one of 11 unique, individual brands under the Learning Care Group Incorporated

SIGNIFICANT REINVESTMENT INTO THE PROPERTY – The Tenant is undertaking major renovations to the premises, deploying $485k in improvements

EARLY LEASE EXTENSION & EXTENSIVE OPERATING HISTORY – Childtime Learning Centers has been operating at this location for 28 years

EXCEPTIONAL EARLY EDUCATION DEMOGRAPHICS – The daycare benefits from the combination of the ultra-high-income community

LARGE SURROUNDING OFFICE CORRIDOR

PROJECTED EARLY EDUCATION INDUSTRY GROWTH – The US childcare market was valued as a $59.87 billion dollar industry

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Childtime Learning Centers

Public Transportation

Commuter Rail	Drive	Walk	Distance
Botzum (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad)	11 min	-	4.5 mi
Indigo Lake (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad)	13 min	-	6.0 mi
Airport	Drive	Walk	Distance
Akron-Canton Regional	33 min	-	23.5 mi
Cleveland-Hopkins International	44 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	20
Type:	Surface
Included in Rent:	Yes