NNN-Leased Child Care
516 South Main Street, Andover, MA 01810
For Sale
Contact for pricing
A 24-year triple-net lease includes scheduled annual rent increases.
Property Size21,822 SF
Lot Size2.25 Acres
Price / SF$483.20
Days on Market41
Property Features for 516 South Main Street
General Information
Standard status
Size
Net Rentable
Lot size
Property subtype
Additional Details
Tenant in Place
Building Details
Building Size
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 5:33PM
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.
The child care center at 516 South Main Street in Andover, Massachusetts, contains approximately 21,822 rentable square feet on an estimated 2.25-acre parcel. The property is subject to a 24-year triple-net lease that began April 29, 2016, with scheduled annual rent increases of 3.00%.
Key Highlights
- Approximately 21,822 rentable square feet of building space
- Situated on an estimated 2.25‑acre parcel
- 24‑year triple‑net lease commenced 4/29/2016
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 01810, MA
35,621
Population
13,803
Households
2.6
Avg Household Size
43
Median Age
75%
College-Educated
97%
High-School Grad
30.5 sq mi
ZIP Area
1,168
Density / Sq Mi
$167,591
Median Household Income
$86,838
Median Earnings
$2,046
Median Rent
$813,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Lynnelle Daycare — 497 S Main St, Andover, MA 01810
- Ms. Lynnelle's NeighborSchool — 497 S Main St, Andover, MA 01810
- Next Generation Children's Center — 516 S Main St, Andover, MA 01810
- Primrose School of Andover — 503 S Main St, Andover, MA 01810
- South Main KinderCare — 511 S Main St, Andover, MA 01810
Frequently Asked Questions
What type of property is this?
Day care center - A 24-year triple-net lease includes scheduled annual rent increases.
Where is this day care center located?
The property is located at 516 South Main Street Andover, MA.
What is the asking price?
The asking price for this property is $10,544,377.
What are key features of this property?
This property features: Approximately 21,822 rentable square feet of building space; Situated on an estimated 2.25‑acre parcel; 24‑year triple‑net lease commenced 4/29/2016
