1222 Fourier Dr | Madison, WI 53717
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1222 Fourier Dr
Madison, WI 53717
La Petite Academy | Absolute NNN w/Increases · Retail Property For Sale
Investment Highlights
- 12,663 Square Foot Child Care Facility Located on 2.25 Acres of Land
- Absolute NNN Lease - Zero Landlord Responsibilities - Perfect "MailboxManagement" Investment
- La Petite Academy has Occupied the Location Since 2005 and Extended EarlyTwice - Most Recently in 2021 in Which They Committed to an Early 8 Year
- Corporate Guarantee from La Petite Academy, Inc - Subsidiary of the LearningCare Group
- The Learning Care Group is the Second Largest For-Profit Child Care Provider inNorth America with Child Care Brands Nationally
- Rare Annual Rental Increases of 2% Annually Create a Hedge Against Inflationand Increasing Returns
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,663 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Slab To Slab
8’
Building FAR
0.13
Lot Size
2.25 AC
Zoning
RPSM - Commercial
Parking
27 Spaces (2.13 Spaces per 1,000 SF Leased)
Frontage
270 FT on Fourier Dr
Amenities
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 0708-151-0404-0 | Improvements Assessment | $1,792,900 |
| Land Assessment | $539,000 | Total Assessment | $2,331,900 |
PROPERTY TAXES
Parcel Number
0708-151-0404-0
Land Assessment
$539,000
Improvements Assessment
$1,792,900
Total Assessment
$2,331,900
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