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Busy Bees Childcare - Elmer, NJ 431 Front St

6,846 SF Retail Building Elmer, NJ 08318 $3,663,485 CAD ($535 CAD/SF) 6.50% Cap Rate

Investment Highlights

  • Busy Bees Operates Over 230 Child Care Centers Across Canada and the USA Plus an Additional 390 Centers Across the UK and Ireland
  • Located 40 Minutes From Philadelphia International Airport (PHL) and One Hour From Atlantic City International Airport (ACY)
  • Average Household Income of $129,120 and a Population of 112,125 Residents Within a 10-Mile Radius
  • Within 30 Minutes' Drive, Elmer, NJ is Well-Connected to Regional Hubs Such as Salem, NJ, Wilmington, DE, Philadelphia, PA
  • Strong Corporate Guarantee
  • 10 Elementary Feeder Schools Within a 10-Mile Radius

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,846 SF Busy Bees Childcare Located at 431 Front Street in Elmer, NJ. This Deal Includes a Strong Corporate Guarantee and is Located 40 Minutes From Philadelphia International Airport (PHL) and One Hour From Atlantic City International Airport (ACY), Providing For a Unique Investment.

In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
6,846 SF
Building Class
C
Year Built
2012
Price
$3,663,485 CAD
Price Per SF
$535 CAD
Cap Rate
6.50%
NOI
$238,127 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Land Acres
1.29 AC
Zoning
Commercial
Parking
23 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
198 ft on Front Street

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Busy Bees Childcare
  • Educational Services
  • 6,846 SF
  • $34.78 CAD
  • Net
  • Apr 2034
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Busy Bees Childcare Educational Services 6,846 SF $34.78 CAD Net Apr 2034

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-00012-0000-00010
Land Assessment
$85,979 CAD
Improvements Assessment
$1,222,699 CAD
Total Assessment
$1,308,677 CAD
  • Listing ID: 34105618

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 431 Front St, Elmer, NJ 08318

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