Ankeny, IA Preschool Investment
For Sale
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225 E 1st St, Ankeny, IA 50021
Leased to Cadence Academy Preschool with annual rent increases.
Property Size7,656 SF
Price / SF$143.03
Days on Market720
Property Features for 225 E 1st St
General Information
Standard status
Active
Size
7,656 SF
Property subtype
Special Purpose
Zoning
C1
Occupancy
100%
Lease Type
NN
Building Details
Year Built
1989
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
SVN | Chicago Commercial
Listed By:
Tim Franz · License #IL 475153640
Source:
Crexi
Added: Aug 20, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:42AM
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 SVN | Chicago Commercial
Investment Insights
Based on property information with market context.
This property, located at 225 E. 1st Street in Ankeny, Iowa, presents an investment opportunity. It is currently leased to Cadence Academy Preschool, a national preschool operator with locations across 30 states. The site has functioned as an early childhood educational center for 11 years. Cadence Education has operated the location since acquiring it from Apple Tree in 2016. The lease includes annual rent increases of two percent. Landlord responsibilities are limited to roof, structure, and parking. The property is situated just east of the intersection of Ankeny Blvd. and E. 1st Street, which has traffic counts of 19,000 and 14,500 vehicles per day, respectively. The John Deere Factory, located 2.5 miles away, manufactures crop harvesting and crop care equipment, making this a convenient childcare option for employees in the area. The property size is 7,656 square feet.
Key Highlights
- Leased to Cadence Academy Preschool, a premier national operator with locations in 30 states
- Long‑term operating history as an early childhood education center for 11 years
- Annual 2% rent increases, providing a hedge against inflation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,032
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 50021, IA
28,807
Population
12,463
Households
2.3
Avg Household Size
36
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,195
Density / Sq Mi
$98,847
Median Household Income
$55,108
Median Earnings
$1,434
Median Rent
$295,000
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Bright Beginnings Preschool at Ankeny First United Methodist Church — 206 SW Walnut St, Ankeny, IA 50023
- Tender Years Daycare & Learning Center 1 — 110 SW Maple St, Ankeny, IA 50023
- Cadence Academy Preschool — 225 E 1st St, Ankeny, IA 50021
- Yellow Brick Road Early Childhood Development Center- Ankeny on Maple St — 110 SW Maple St, Ankeny, IA 50023
- Head Start-Ankeny — 406 SW School St # 122, Ankeny, IA 50023
Frequently Asked Questions
What type of property is this?
Day care center - Leased to Cadence Academy Preschool with annual rent increases.
Where is this day care center located?
The property is located at 225 E 1st St Ankeny, IA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Leased to Cadence Academy Preschool, a premier national operator with locations in 30 states; Long‑term operating history as an early childhood education center for 11 years; Annual 2% rent increases, providing a hedge against inflation
