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15200 Meredith Dr Urbandale, IA

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For Sale
$6,888,890

NNN leased Everbrook Academy with Learning Care Group guaranty.

Property size:
11,617 SF
Lot size:
4.21 Acres

Property Features for 15200 Meredith Dr

General Information

Size
11,617 SF
Lot size
4.21 Acres

Source: Upland Real Estate Group, Inc Agent Deborah Vannelli

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Urbandale Investment Opportunity

This property is leased to Everbrook Academy under a 20-year NNN lease, featuring 7.5% rent increases every 5 years. The lease is guaranteed by Learning Care Group, which operates approximately 1,150 locations under 11 brands. The property is situated along Meredith Drive, which experiences a traffic count of 4,830 vehicles per day, and is near I-35, where traffic counts average over 107,000 vehicles per day. The location is near several schools, including Des Moines Christian with over 1,300 students, Walnut Hills Elementary School with 640 students, and Schuler Elementary School with 700 students. Nearby tenants include Hy-Vee Fast & Fresh, Starbucks, Jimmy John’s, Smokey Row Coffee, Kiddie Academy, and New Horizons. The property is located in Urbandale, Iowa, a suburb of Des Moines known for its strong schools and family-friendly environment. The property has excellent demographics, with a 3-mile average household income of $174,123 and a population of 122,984 within a 5-mile radius. The property size is 11,617 square feet. Urbandale is ranked the #9 Best Suburb to Live in Iowa and #10 Best Place to Raise a Family in Iowa, according to Niche.
Location Intelligence

Current Use by Public Records

Day care centers

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Urbandale
County
Polk
State
Iowa
Longitude
-93.7333537
Latitude
41.6304923

FAQs

What type of property is this?
Day care center - NNN leased Everbrook Academy with Learning Care Group guaranty.
Where is this day care center located?
The property is located at 15200 Meredith Dr Urbandale, IA.
What is the asking price?
The asking price for this property is $6,888,890.
What are key features of this property?
This property features: - 20-year NN lease with Everbrook Academy, guaranteed by Learning Care Group.; - Attractive 7.5% rent increases every 5 years.; - Excellent demographics: high average household income and large population.
More about this property
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