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Child Care

23550 Dewdney Trunk Road, Maple Ridge

23550 Dewdney Trunk Rd, Maple Ridge, BC V2X 0S8

Listing Price: $1,995,000

Cap Rate
5.11%
Tenant Name
Kids & Co Daycare
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
2,974
Lease Type
Gross Lease
Rent Per Square Feet
$37.04

Investment Overview

The Subject Property is a single-tenant daycare facility leased by Kids & Company, an international daycare operation with over 150 locations throughout North America. Located in the rapidly densifying neighbourhood of Cottonwood in Maple Ridge. Fully leased, freehold, carefree commercial asset offered with a 5.11% cap rate on the existing net income. Current lease expires August 31, 2028 with 3 x 5 year renewal options - there will be no owner/user possibilities

Investment Highlights

  • Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
  • Tenanted by Kids & Company, an international daycare operation with over 150 locations throughout North America
  • Rarely available, P-4, institutional zoned opportunity. P-4 allows for both childcare and places of worship uses which are unallowable for most other zonings in Maple Ridge

Exclusively Listed By

Child Care

23550 Dewdney Trunk Road, Maple Ridge

Listing Price: $1,995,000

Cap Rate
5.11%
Tenant Name
Kids & Co Daycare
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
2,974
Lease Type
Gross Lease
Rent Per Square Feet
$37.04

Investment Highlights

  • Fully leased, freehold commercial asset in Greater Vancouver offered at an attractive price point
  • Tenanted by Kids & Company, an international daycare operation with over 150 locations throughout North America
  • Rarely available, P-4, institutional zoned opportunity. P-4 allows for both childcare and places of worship uses which are unallowable for most other zonings in Maple Ridge

Investment Overview

The Subject Property is a single-tenant daycare facility leased by Kids & Company, an international daycare operation with over 150 locations throughout North America. Located in the rapidly densifying neighbourhood of Cottonwood in Maple Ridge. Fully leased, freehold, carefree commercial asset offered with a 5.11% cap rate on the existing net income. Current lease expires August 31, 2028 with 3 x 5 year renewal options - there will be no owner/user possibilities

Exclusively Listed By

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