722 Fairfield Rd Beavercreek, OH 45434

Property Details for 722 Fairfield Rd

Year built

1988

Lot size

1.92 lot acres

Property size

7,326 SF

Zone code

B2

Property type

Medical offices

Property subtype

Medical centers

APN

B42-0006-0003.0-0056.00

APU

B42000600030005600

Description

Exceptional investment opportunity: a fee-simple ownership of a 10,859-square-foot childcare center in Dayton, Ohio. This property, built in 2024, sits on a 1.92-acre lot at 722 N Fairfield Rd, Beavercreek, OH 45434, and boasts a 7.00% cap rate. The property is currently 100% occupied by The Learning Experience, a top-tier childcare franchise, under a 15-year triple-net lease commencing November 28, 2024, and expiring November 27, 2039. The annual net operating income (NOI) is $392,500. The lease includes scheduled rent increases of 8% after five years and 10% thereafter. The building underwent a significant 2024 renovation and expansion, totaling 10,859 square feet, including a new roof and HVAC system. This prime location is in a primarily residential area near other schools, offering excellent visibility and accessibility. The Learning Experience's strong performance, with systemwide sales growth of 24.4% from 2022 to 2023 and average revenue per mature center increasing by 13% during the same period, further enhances the investment's appeal. The company's rapid expansion, with over 350 locations nationwide and plans for further growth, ensures long-term stability and potential appreciation. The property's proximity to downtown Dayton provides additional strategic advantages. This is a rare opportunity to acquire a high-performing, well-located childcare center with a strong tenant and significant long-term growth potential.

Location Insight

City

Beavercreek

County

Greene

State

Ohio

Longitude

-84.0616

Latitude

39.711

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments