37201 Ryan Rd Sterling Heights, MI 48310-3740
- Day care centers
- 6,175 SF
- 1.38 lot acres
Dec 27, 2024
Current Use by Public Records
- Day care centers
Property Details for 37201 Ryan Rd
- Year built
- 1987
- Lot size
- 1.38 lot acres
- Property size
- 6,175 SF
- Zone code
- O-1
- Property type
- Day care centers
- APN
- 10-10-19-477-042
- APU
- 101019477042
Description
This exceptional investment opportunity presents a 6,175 square foot, single-story KinderCare Learning Center located at 37201 Ryan Rd, Sterling Heights, MI 48310, in Macomb County. The property boasts a strong financial profile with an asking price of $1,111,500, translating to $180 per square foot. Currently operating at 100% occupancy since August 28, 2024, this licensed daycare center has a long and successful history, having served the community since 1987. The property is zoned 0-1 and benefits from a long-term triple net (NNN) lease with a remaining term of approximately 4.4 years, expiring May 1, 2029. This provides significant stability and predictable income for the investor. Situated in a densely populated residential area, the center enjoys high demand and consistent enrollment. The property represents a rare chance to acquire a well-established, high-performing asset in a desirable location with a proven track record of success. This is an ideal investment for those seeking a stable, long-term income stream with significant potential for future growth. The property's strong occupancy rate and favorable lease terms make it a compelling opportunity in the competitive childcare market. The location within a heavily populated residential area ensures continued high demand for childcare services.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sterling Heights
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0706
- Latitude
- 42.5659
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
