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Children of America - New Britain, PA

Retail | 7.00% CAP | 12,600 SF

Listing Contacts

Active

Asking Price: $5,400,000
Earnest Money  Deposit: $100,000 min.
Listing Broker NameAlex Everest
Brokerage NameBroker of Record Solutions
Address 

386 W Butler Ave, New Britain, PA 18901

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Date Added
Mar 6, 2025
Days on Market
74 days
Time Since Last Update
1 day

Details

Property TypeRetail
SubtypeDay Care/Nursery
Investment TypeNet Lease
Investment Sub TypeAbsolute NNN
Lease TypeAbsolute NNN
Tenant CreditCorporate Guarantee
TenancySingle
Lease Term20 years
Lease Commencement12/01/2024
Lease Expiration11/30/2044
Remaining Term19.5 years
Square Footage12,600
Net Rentable (sq ft)12,600
Price/Sq Ft$428.57
Cap Rate7.00%
Occupancy100%
Occupancy Date06/01/2007
NOI$378,000
Year Built2007
Buildings1
Stories2
ZoningC-1
Lot Size (acres)1.257
Parking (spaces)34
Rent Bumps2% Annual Rent Increases
Broker Co-OpNo
APN25-001-011-001
Lease Options2 - Five Year
OwnershipFee Simple
IntelligenceINTELLIGENCE
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Marketing Description

The Dowd Companies is pleased to offer for sale the fee simple interest (land & building) in an absolute NNN leased, well-established, Children of America childcare center in New Britian, Pennsylvania.​  The new lease has 20 years remaining on the base term with two five-year options and features two percent (2%) annual rent increases, which generates steady NOI growth and hedges against inflation.​  There are NO LANDLORD RESPONSIBILITIES.​  The school has been in operation as a Children of America Location since 2007.​ The lease features a strong corporate guaranty.​ 

The school is, located in an affluent area approximately 37 miles north of downtown Philadelphia, with over 106,000 people in a five-mile radius and average household incomes exceeding $177,000.​  The Property is in a neighborhood retail / commercial area that fronts West Butler Avenue with traffic counts averaging 11,900 cars per day.​  New Britian is in the Philadelphia MSA which as a population of 6,245,000, a median age of 39 and a median household income of $86,867.​

Children of America is one of the country’s most successful premier childcare operators headquartered in Delray Beach, Florida.​  The company was formed in 1999, has over 60 operating locations in 19 states and has 10 new schools in development.​  Approximate company revenue in 2024 was over $100 Million.​

 

Investment Highlights

  • Fee Simple

  • Absolute NNN Lease

  • No Landlord Responsibilities

  • Long term 20 year lease with two 5-year options

  • 2% Annual Increases

  • Built in 2007

  • Strong National Tenant with 60 locations under operation

  • 10 new locations currently in development

  • One of the largest and most established Child Care operators in the USA

  • Affluent Area approximately 37 miles from downtown Pittsburgh

  • Over 106,000 people in a five mile radius

  • Average Household Income exceeds $177,000

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$378,000.00
$31,500.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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Broker of Record
Alex Everest
Broker of Record: License Type
RMR005523
Broker of Record: Company Name
Broker of Record Solutions
Broker of Record: Title
Broker
Broker of Record: Company Address
1201 W Peachtree St, NW #2300 Atlanta GA 30309
Broker of Record: Phone Number
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