Busy Bees Childcare - Elmer, NJ | 431 Front St
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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
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
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
Parcel Number | 03-00012-0000-00010 | Improvements Assessment | $1,222,699 CAD |
Land Assessment | $85,979 CAD | Total Assessment | $1,308,677 CAD |
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
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Busy Bees Childcare - Elmer, NJ | 431 Front St
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