Newly Built Day Care
For Sale
$4,319,000
5305 Perrine Rd, Midland, MI 48640
Purpose-built childcare facility with a long-term net lease and corporate guaranty.
Property Size11,485 SF
Lot Size3.54 Acres
Price / SF$376.06
Days on Market19
Property Features for 5305 Perrine Rd
General Information
Standard status
Active
Size
11,485 SF
Lot size
3.54 Acres
Property subtype
Retail
Zoning
RA-1
Net Operating Income
$313,137
Building Details
Building Size
11,485 SF
Year Built
2024
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
(248) 254-3406
Listed By:
Robert Bender · License #6501323470
Source:
Cpix.resimplifi
Added: Aug 12
Changed: Aug 29
Last Checked: Aug 30 at 12:52PM
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 approximately 11,485 square feet on a 3.54-acre parcel. The facility was designed for early childhood education and provides site circulation suited to childcare operations. The property is occupied by Learning Care Group (US), Inc. under the Gilden Woods Midland brand.
The net lease began September 16, 2024, and runs through September 30, 2039. A corporate guaranty supports the lease, while the RA-1 zoning designation is part of the property profile. The asset is located at 5305 Perrine Rd in Midland, Michigan.
The net lease began September 16, 2024, and runs through September 30, 2039. A corporate guaranty supports the lease, while the RA-1 zoning designation is part of the property profile. The asset is located at 5305 Perrine Rd in Midland, Michigan.
Key Highlights
- Purpose‑built 11,485 SF childcare facility completed in 2024
- Single‑tenant net lease runs from September 16, 2024 through September 30, 2039
- Corporate guaranty from Learning Care Group (US), Inc.
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
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
Questions? Ask Rey
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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 - Purpose-built childcare facility with a long-term net lease and corporate guaranty.
Where is this day care center located?
The property is located at 5305 Perrine Rd Midland, MI.
What is the asking price?
The asking price for this property is $4,319,000.
What are key features of this property?
This property features: Purpose‑built 11,485 SF childcare facility completed in 2024; Single‑tenant net lease runs from September 16, 2024 through September 30, 2039; Corporate guaranty from Learning Care Group (US), Inc.
