Ankeny, IA Preschool Investment
225 E 1st St, Ankeny, IA 50021
Leased to Cadence Academy Preschool with annual rent increases.
Type:Special Purpose
Property size:
7,656 SFPrice / SF:
$143/SF- Added:
- Aug 20, 2024
- Days on Market:
- 645
- Last Refresh:
- May 12 at 11:34 pm
Property Features for 225 E 1st St
General Information
- Standard status
- Active
- Size
- 7,656 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1989
Listing agent Tim Franz License #IL 475153640
Listing office SVN | Chicago Commercial
Listing date Aug 20, 2024
Source Crexi
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
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
- Minimal landlord responsibilities (Roof / Structure / Parking)
- Located 2.5 miles from the John Deere Factory
- High traffic location with 19,000 and 14,500 vehicles per day
Overview
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.
Property Profile
Location Intelligence
Current Use by Public Records
Cadence Academy Preschool
Daycare Center
Similar Places 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
Location Insight
- Map
- Local Demand
- City
- Ankeny
- County
- Polk
- State
- Iowa
- Longitude
- -93.5968687
- Latitude
- 41.7312344
Nearby Similar for Sale
FAQs
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
