Child Care
Montessori Kids Universe | 2023 Construction | 15+ Years Remaining | AHHI Exceeds $159,000 in 1-Mile
2855 Haggerty Rd, Commerce Township, MI 48390
Listing Price: $5,510,000
Cap Rate
7.50%
Tenant Name
Johnston Montessori LLC
Years Remaining On Lease
14.6
Guarantor
Limited Corporate Guarantee
Rentable SF
11,860
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.85
Investment Overview
Marcus & Millichap is pleased to present a Montessori Kids Universe located in Commerce Township, Michigan (Detroit MSA).
Investment Highlights
- Over 15 Years Remaining with 2.00 Percent Annual Increases
- Over $163 Million Spent on Education and Daycare in a Five-Mile Radius
- Detroit MSA – Densely Populated with Nearly 160,000 People in Five-Miles
- Demand for Child Care Remains Extremely Strong
Exclusively Listed By
Broker of Record
Financing By
Child Care
Montessori Kids Universe | 2023 Construction | 15+ Years Remaining | AHHI Exceeds $159,000 in 1-Mile
Listing Price: $5,510,000
Cap Rate
7.50%
Tenant Name
Johnston Montessori LLC
Years Remaining On Lease
14.6
Guarantor
Limited Corporate Guarantee
Rentable SF
11,860
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$34.85
Investment Highlights
- Over 15 Years Remaining with 2.00 Percent Annual Increases
- Over $163 Million Spent on Education and Daycare in a Five-Mile Radius
- Detroit MSA – Densely Populated with Nearly 160,000 People in Five-Miles
- Demand for Child Care Remains Extremely Strong
Investment Overview
Marcus & Millichap is pleased to present a Montessori Kids Universe located in Commerce Township, Michigan (Detroit MSA).
Exclusively Listed By
Broker of Record
Financing By