Day Care
232 Essex Street, Beverly, MA 01915
For Sale
Contact for pricing
The property is subject to a long-term NNN lease with annual rent increases.
Property Size21,569 SF
Lot Size2.82 Acres
Price / SF$460.53
Days on Market41
Property Features for 232 Essex Street
General Information
Standard status
Size
Net Rentable
Lot size
Property subtype
Additional Details
Gross Income
Tenant in Place
Building Details
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Sep 30
Changed: Nov 8
Last Checked: Nov 8 at 5:38PM
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 SURMOUNT
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Next Generation Children's Centers, operated under the Cadence Education name, occupies a 21,569-square-foot building on a 2.82-acre parcel in Beverly, Massachusetts.
The property is leased under a 24-year NNN agreement that began 4/29/2016. Scheduled rent increases are 3.00% annually.
The property is leased under a 24-year NNN agreement that began 4/29/2016. Scheduled rent increases are 3.00% annually.
Key Highlights
- 21,569‑square‑foot building on a 2.82‑acre parcel
- 24‑year NNN lease commencing 4/29/2016
- Scheduled annual rent increases of 3.00%
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
691
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 01915, MA
42,341
Population
17,318
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
97%
High-School Grad
14.2 sq mi
ZIP Area
2,982
Density / Sq Mi
$102,347
Median Household Income
$57,989
Median Earnings
$1,684
Median Rent
$619,600
Median Home Value
Similar Off Market Nearby
- COVE Childcare/ Preschool — 51 Parramatta Rd, Beverly, MA 01915
- Little Star Buddies Nature-based Child Care — 151 Essex St, Beverly, MA 01915
- Caterpillar Clubhouse Preschool — 35 Brimbal Ave, Beverly, MA 01915
- Next Generation Children's Center — 232 Essex St, Beverly, MA 01915
- Montessori Institute - New England — 243 Essex St, Beverly, MA 01915
Frequently Asked Questions
What type of property is this?
Day care center - The property is subject to a long-term NNN lease with annual rent increases.
Where is this day care center located?
The property is located at 232 Essex Street Beverly, MA.
What is the asking price?
The asking price for this property is $9,933,108.
What are key features of this property?
This property features: 21,569‑square‑foot building on a 2.82‑acre parcel; 24‑year NNN lease commencing 4/29/2016; Scheduled annual rent increases of 3.00%
