1010 Church RdLansdale, PA 19446

For Sale
$6,361,000

High-yield daycare center with new 20-year lease.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 10,500-square-foot daycare center in Lansdale, Pennsylvania, boasting a new 20-year net-net lease with The Learning Experience, a prominent childcare provider with a strong track record. The property, situated on a 2.32-acre lot at the signalized intersection of Church Road and Pennbrook Parkway, underwent renovations in 2024. The lease commenced December 14, 2024, and expires December 9, 2044, featuring 10% rent increases every five years. The property offers a compelling 6.85% cap rate with a net operating income (NOI) of $435,750 and an asking price of $6,361,000. Built in 2005, the single-story building is zoned LI and includes 59 parking spaces. Its prime location offers excellent accessibility, less than a mile from major employers like the Merck West Point Manufacturing Campus, and proximity to the PennBrook Train Station. The surrounding area exhibits strong demographics, with a population exceeding 147,000 within a 5-mile radius and an average household income over $110,000 within a 1-mile radius. This property represents a stable, high-return investment in a thriving community.

Highlights

  • New construction The Learning Experience childcare center in Lansdale, Montgomery County, PA.
  • New 20-year net-net lease with 5-year, 10% rent increases.
  • The Learning Experience is a national childcare provider with 400+ locations.
  • 2.32-acre site at the signalized intersection of Church Road and Pennbrook Parkway.
  • Less than one mile from Merck's West Point campus (2M+ SF, 8,000+ employees).
  • Approximately 27 miles northwest of Philadelphia.

Property Details for 1010 Church Rd

Property type
Day care centers & nurseries, Other retail properties
Year Built/Renovated
2005/2024
Stories
1
Lot Size (sq. ft)
101,059 SF

Location Insight

City
Lansdale
County
Montgomery
State
Pennsylvania
Latitude
40.2265035
Longitude
-75.2858618
1010 Church Rd, Lansdale, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1010 Church Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message