Fairlawn, OH 44333

Childtime (Learning Care Group)

Property Address

3475 Embassy Pkwy, Akron, OH, USA

Offering Summary

  • Price: $2,920,000
  • Lot Size: 1.2 Acres
  • Cap Rate: 6.75%
  • Year Built: 1997
  • Building SF: 7,900
  • Status: Available
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  • 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 More Than 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
  • Average Household Income Exceeds $182,000 in the Immediate Area
  • Located Less Than 1 Mile from Crystal Clinic Orthopaedic Center Hospital (60 Beds)

Broker Information