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3475 Embassy Pky
Akron, OH 44333 Copley/Fairlawn

$2,920,000 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 6.75 %
  • Tenancy Single
0 Transit Score
22 Walk Score

Highlights

More Than 9 Years Remaining on Absolute Triple-Net (NNN) Lease
Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with 1,150+ Schools Across 11 Brands
Significant Tenant Capital Commitment To Property With $485,000 Toward Property Improvements
10% Rental Increases Every 5 Years with Multiple Renewal Options
Daytime Population Exceeds 70,000 Within 5 Miles
Easily Accessible by More Than 57,200 Cars Per Day on Interstate 77

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Childtime Learning Centers 7,900 SF 1/31/2035

Public Transportation

Commuter RailDriveWalkDistance
11 min - 4.5 mi
13 min - 6.0 mi
AirportDriveWalkDistance
Akron-Canton Regional 33 min - 23.6 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
Spencer Berkley 602-541-1019 Marcus & Millichap
Spencer Berkley 602-541-1019 Marcus & Millichap