Childtime Learning Care Group — Sale in Fairlawn, OH
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Fairlawn, OH 44333
Investment Figures
- Cap rate
- 6.75%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Childtime offers child care and early education services from ages six weeks through 12 years. Highly trained, dedicated directors, teachers, and staff are present every day to ensure children's well-being and to guide them on their journey. Fairlawn is a city in western Summit County, Ohio, and a suburb of Akron. With a resident population of around 7,700 people and a daytime population that swells significantly due to its concentration of offices, retail centers and services, Fairlawn serves as an important business and consumer destination in the region. Investment Highlights: • More Than Nine 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 Percent Rental Increases Every Five Years with Multiple Renewal Options • Daytime Population Exceeds 70,000 Within Five 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 One Mile from Crystal Clinic Orthopedic Center Hospital (60 Beds)
Market Context
This retail in Fairlawn, OH is listed for sale. It is offered at an approximate 6.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Fairlawn, OH — view the full market.
Contact
- Spencer Berkley · (602) 687-6836 · spencer.berkley@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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