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Property profile & analytics
OFF-MARKET
Day care centers

37201 Ryan Rd Sterling Heights, MI 48310-3740

6,175 SF 1.38 ac lot Built 1987
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US43-5241777
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1987
Total area 6,175 SF
Lot 1.38 ac (59,982 SF)
Zoning code O-1
APN 10-10-19-477-042
UPID US43-5241777
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Thatcher Group Sh LLC · 1 yrs held
Thatcher Group Sh LLC
since 2024
6 recorded transactions
2024
Price N/A
2024
Price N/A
2004
$1.2M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
O-1 · Sterling Heights, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The O-1 Business and Professional Office District is designed to provide a suitable environment for various types of office uses performing administrative, professional and related service occupations

Zone name Business And Professional Office
General category COMMERCIAL
Zone area 309.71 ac
Source Realmo
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