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8401 Carlson Ln, Baltimore, MD, 21244

EXCELLENT START EARLY LEARNING CENTER
$1,400,000

Key Information

Cap Rate
10.58%
$ per SF
$164
Tot. SF
8,519
Year Built
1992
Type
Retail
NOI
$148,128

Highlights

INVESTMENT HIGHLIGHTS

  • Strong Operating History – This location has been an active child care center since 1992, demonstrating the positive aspects of its location.
  • Annual 3% Rent Increases
  • Optimal Location – The School operates near the Windsor Mill Middle School, Winfield Elementary School, and the Northwest Hospital.
  • Major MSA – Property is located in a top-20 MSA in the country with an average HHI of $116,103+ and over 220,661 people in a 5-mile radius.
  • Recent Extensions – The Tenant and Ground Lease owner recently extended their lease agreements, further proving their commitment to the location.
  • Investment Payoff – The Total estimated income over the duration of the term amounts to a higher number than the asset purchase price.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 664913 (MD)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203