Excellent Start Learning Center
$1,400,000
8401 Carlson Lane, Baltimore, MD 21244
For Sale
Special Purpose
Unknown Sub Type
Active
Last Updated: 07/02/2025
10.58
Cap Rate
148,128
NOI
Details:
Cap Rate: 10.58%
NOI: $148,128
Building Size: 8,519 sqft
Year Built: 1992
Price Per Sqft: $164.33
Highlights:
- Strong Operating History - This location has been an active child care center since 1992, demonstrating the positive aspects of its location.
- Annual 3% Rent Increases
- Optimal Location - The School operates near the Windsor Mill Middle School, Winfield Elementary School, and the Northwest Hospital.
- Major MSA - Property is located in a top-20 MSA in the country with an average HHI of $116,103+ and over 220,661 people in a 5-mile radius.
- Recent Extensions - The Tenant and Ground Lease owner recently extended their lease agreements, further proving their commitment to the location.
- Investment Payoff - The Total estimated income over the duration of the term amounts to a higher number than the asset purchase price.
Documents:
| Title | ||
|---|---|---|
| Offering Memorandum |
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Location
Gallery
