New Primrose School
For Sale
$6,381,000
1675 Baldwin St, Jenison, MI 49428
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 Market158
Property Features for 1675 Baldwin St
General Information
Standard status
Active
Size
13,500 SF
Property subtype
Other
Zoning
LDR
Building Details
Year Built
2024
Tenancy
Single
Listing Agency:
CBRE
Listed By:
Cameron Timmer
(616) 485-4131
Source:
Carwm.resimplifi
Added: Apr 7
Changed: Sep 8
Last Checked: Sep 9 at 3:04PM
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
Demographics for 49428, MI
27,162
Population
10,312
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
95%
High-School Grad
16.1 sq mi
ZIP Area
1,687
Density / Sq Mi
$92,290
Median Household Income
$49,911
Median Earnings
$1,373
Median Rent
$276,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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
