New Primrose School
1675 Baldwin St. Jenison, MI 06706
For Sale
Contact for pricing
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 Market92
Property Features for 1675 Baldwin St.
General Information
- Standard status
- Active
- Size
- 13,500 SF
- Property subtype
- Retail, Special Purpose
Building Details
- Year Built
- 2024
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 24
Changed: Jul 23
Last Checked: Jul 23 at 4:10AM
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
Location Intelligence
Current Use by Public Records
Base Camp
Association Or Organization
Solomon's Porch Community ...
Church
FAQs
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
