New Primrose School
For Sale
Contact for pricing
1675 Baldwin St., Jenison, MI 06706
Newly constructed Primrose School asset with more than 18 years remaining on the initial lease term.
Property Size13,500 SF
Price / SF$472.67
Days on Market137
Property Features for 1675 Baldwin St.
General Information
Standard status
Active
Size
13,500 SF
Property subtype
Retail, Special Purpose
Occupancy
100%
Lease Type
NNN
Net Operating Income
$446,650
Building Details
Year Built
2024
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
CBRE
Listed By:
Cameron Timmer · License #Michigan
(616) 485-4131
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Sep 7 at 6:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE
Investment Insights
Based on property information with market context.
Newly constructed Primrose School property being offered for sale by CBRE. The lease has more than eighteen years remaining on the initial term, with two percent (2%) annual rent escalations. Landlord responsibilities are limited to the building structure.
Under the lease terms, the tenant pays operating expenses, taxes, insurance, and utilities directly. The tenant is also required to share financial reports with the landlord up to twice annually.
This property is part of the Primrose School national system of accredited private preschools. The program emphasizes early education and childcare through a proprietary curriculum that incorporates elements of Montessori and Reggio Emilia.
Under the lease terms, the tenant pays operating expenses, taxes, insurance, and utilities directly. The tenant is also required to share financial reports with the landlord up to twice annually.
This property is part of the Primrose School national system of accredited private preschools. The program emphasizes early education and childcare through a proprietary curriculum that incorporates elements of Montessori and Reggio Emilia.
Key Highlights
- Newly constructed Primrose School asset (Year Built: 2024)
- More than 18 years remaining on the initial lease term
- Lease includes 2% annual rent escalations
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
School - Newly constructed Primrose School asset with more than 18 years remaining on the initial lease term.
Where is this school located?
The property is located at 1675 Baldwin St. Jenison, MI.
What is the asking price?
The asking price for this property is $6,381,000.
What are key features of this property?
This property features: Newly constructed Primrose School asset (Year Built: 2024); More than 18 years remaining on the initial lease term; Lease includes 2% annual rent escalations
