For Sale
$1,111,500

37201 Ryan Rd Sterling Heights, MI 48310

Profitable Daycare Center, Sterling Heights

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional investment opportunity presents a 6,175 square foot, single-story KinderCare Learning Center located at 37201 Ryan Rd, Sterling Heights, MI 48310, in Macomb County. The property boasts a strong financial profile with an asking price of $1,111,500, translating to $180 per square foot. Currently operating at 100% occupancy since August 28, 2024, this licensed daycare center has a long and successful history, having served the community since 1987. The property is zoned 0-1 and benefits from a long-term triple net (NNN) lease with a remaining term of approximately 4.4 years, expiring May 1, 2029. This provides significant stability and predictable income for the investor. Situated in a densely populated residential area, the center enjoys high demand and consistent enrollment. The property represents a rare chance to acquire a well-established, high-performing asset in a desirable location with a proven track record of success. This is an ideal investment for those seeking a stable, long-term income stream with significant potential for future growth. The property's strong occupancy rate and favorable lease terms make it a compelling opportunity in the competitive childcare market. The location within a heavily populated residential area ensures continued high demand for childcare services.

Highlights

  • Long-term, triple-net (NNN) lease in place.

Property Details for 37201 Ryan Rd

Property type
Specialty properties, Schools
Square Feet
6,175 SF
Stories
1

Location Insight

City
Sterling Heights
County
Macomb
State
Michigan
Latitude
42.5658771
Longitude
-83.0706414

FAQs

What type of property is this?
Specialty property - Profitable Daycare Center, Sterling Heights
Where is the specialty property located?
The property is located at 37201 Ryan Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $1,111,500.
What are key features of this property?
This property features: Long-term, triple-net (NNN) lease in place.; ;
How can I contact the broker?
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37201 Ryan Rd
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