Ankeny, IA 50021

La Petite Academy

Property Address

929 East 1st Street, Ankeny, IA 50021, USA

Offering Summary

  • Price: $971,214
  • Lot Size: 1.02 Acres
  • Year Built: 1991
  • Building SF: 6,144
  • Status: Closed
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  • Absolute Triple-Net (NNN) Lease with Annual CPI Rental Increases Capped at 3% Annually
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,050 Schools Across 11 Brands
  • Long Term Occupancy, Showing Commitment to Site - Tenant has Operated at the Site for 31 Years
  • Rapidly Growing Des Moines Trade Area with Population and Households Projected to Increase 8 – 16% within 5 miles by 2027
  • Average Household Income Exceeds $111,000 within Five Miles of the Site
  • High Visibility Location Near Signalized Hard Corner of East 1st Street & Delaware Avenue with More Than 42,000 Cars per Day
  • Immediate Connection to Downtown Des Moines via Interstate 35/Monarch Hwy (35,000 Cars per Day)
  • Surrounded by National Tenants: Applebee's, Arby's, KFC, Fazoli's, and Many More

Broker Information