101 Orvis Way West Chester, PA 19382
High-yield, NNN-leased daycare center.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- High-visibility location on Route 202 & 322 (Wilmington Pike) in West Chester, PA, with over 59,000 vehicles per day (VPD).
- Strong performing tenant, Ducklings Early Learning Center, with a five-star Google rating and significant waiting lists. The childcare industry is recession-resistant and consistently growing.
- 10.5-year remaining lease term (NNN) with two 5-year renewal options and 10% rent increases every five years.
- Newly constructed (2020) state-of-the-art facility with high-end finishes, minimizing deferred maintenance.
- Triple Net (NNN) lease structure provides passive ownership with tenant responsible for all operating expenses.
- Lease includes both corporate and personal guarantees for added security.
Property Details for 101 Orvis Way
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 11,191 SF
- Year Built
- 2020
- Lot Size (sq. ft)
- 143,312 SF
Location Insight
- City
- West Chester
- County
- Chester
- State
- Pennsylvania
- Latitude
- 39.9286026
- Longitude
- -75.5852349
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - High-yield, NNN-leased daycare center.
- Where is the day care center & nursery located?
- The property is located at 101 Orvis Way West Chester, PA.
- What is the asking price?
- The asking price for this property is $4,237,000.
- What are key features of this property?
- This property features: High-visibility location on Route 202 & 322 (Wilmington Pike) in West Chester, PA, with over 59,000 vehicles per day (VPD).; Strong performing tenant, Ducklings Early Learning Center, with a five-star Google rating and significant waiting lists. The childcare industry is recession-resistant and consistently growing.; 10.5-year remaining lease term (NNN) with two 5-year renewal options and 10% rent increases every five years.
- How can I contact the broker?
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