Purpose-Built Day Care
For Lease
$4,319,000
5305 Perrine Rd, Midland, MI 48640
Modern, single-tenant childcare facility with a long-term lease and corporate guaranty.
Space SizeContact for details
Days on Market89
Property Features for 5305 Perrine Rd
General Information
Standard status
Active
Property subtype
Retail
Net Operating Income
$313,137
Building Details
Year Built
2024
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Fortisnetlease
Added: Jun 3
Changed: Aug 29
Last Checked: Aug 29 at 7:21PM
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 Fortis Net Lease
Investment Insights
Based on property information with market context.
Completed in 2024, this single-tenant day care center contains an 11,485-square-foot facility designed for early childhood education. The building operates under the Gilden Woods Midland brand and was developed specifically for childcare use on a 3.54-acre site.
Learning Care Group (US), Inc. occupies the property under a lease that began September 16, 2024, and runs through September 30, 2039. The lease includes a corporate guaranty from the tenant. Located at 5305 Perrine Rd in Midland, Michigan, the property offers a purpose-built facility with a substantial site area for ongoing operations.
Learning Care Group (US), Inc. occupies the property under a lease that began September 16, 2024, and runs through September 30, 2039. The lease includes a corporate guaranty from the tenant. Located at 5305 Perrine Rd in Midland, Michigan, the property offers a purpose-built facility with a substantial site area for ongoing operations.
Key Highlights
- 11,485‑square‑foot purpose‑built early childhood education facility
- 3.54‑acre site at 5305 Perrine Rd, Midland, MI 48640
- 2024 construction with modern childcare facility design
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48640, MI
31,840
Population
14,340
Households
2.2
Avg Household Size
41
Median Age
38%
College-Educated
96%
High-School Grad
105.1 sq mi
ZIP Area
303
Density / Sq Mi
$81,630
Median Household Income
$43,353
Median Earnings
$928
Median Rent
$191,000
Median Home Value
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Similar Off Market Nearby
- Little Blessings Daycare — 6104 Millbrook Dr, Midland, MI 48640
Frequently Asked Questions
What type of property is this?
Day care center - Modern, single-tenant childcare facility with a long-term lease and corporate guaranty.
Where is this day care center located?
The property is located at 5305 Perrine Rd Midland, MI.
What is the lease rate?
The lease rate is $4,319,000.
What are key features of this property?
This property features: 11,485‑square‑foot purpose‑built early childhood education facility; 3.54‑acre site at 5305 Perrine Rd, Midland, MI 48640; 2024 construction with modern childcare facility design
