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 $2,584,615 ($378/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
$2,584,615
Price Per SF
$378
Cap Rate
6.50%
NOI
$168,000
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
- $24.54
- Triple Net
- Apr 2034
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Busy Bees Childcare | Educational Services | 6,846 SF | $24.54 | Triple Net | Apr 2034 |
PROPERTY TAXES
| Parcel Number | 03-00012-0000-00010 | Improvements Assessment | $868,900 |
| Land Assessment | $61,100 | Total Assessment | $930,000 |
PROPERTY TAXES
Parcel Number
03-00012-0000-00010
Land Assessment
$61,100
Improvements Assessment
$868,900
Total Assessment
$930,000
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Seth Krepistman -
Connor Brady -
Elan Sieder -
Max Freedman -
Sands Investment Group Austin, LLC
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Busy Bees Childcare - Elmer, NJ | 431 Front St
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