This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Ducklings Early Learning Center 101 Orvis Way

11,191 SF 4-Star Retail Building West Chester, PA 19382 £3,347,272 (£299/SF) 7% Net Initial Yield

Investment Highlights

  • Corporate guarantee via the corporate entity signature as well as a personal guarantee by the founder of Ducklings Early Learning Centers
  • Newly built (2020) modern state-of-the-art facility which includes architectural enhancements, high-end fit and finishes
  • Highly visible from Wilmington Pike with over 59,000 VPD, has easy access from the signalized intersection of Wilmington Pike and Skiles Blvd
  • NNN with the tenant administering and paying for all the common area maintenance, real estate taxes and landlord insurance
  • Roughly 11yrs. remaining on an original 15yr. NNN lease with 10% rental increases every five years and 2 x 5yr. options to extend
  • Chester County (suburban Phl) is the wealthiest county in Pennsylvania - average HHI’s ranging from $170K+ in 1-mile radius to $174K+ in 5-mile

Executive Summary

*Real Estate for sale only.
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 11,191 SF site situated on 3.29 acres located on Wilmington Pike in West Chester,
Pennsylvania. This property offers a passive ownership opportunity with Ducklings operating on a NNN lease, minimizing landlord responsibilities as the tenant reimburses for taxes, insurance, and operating costs. The lease includes scheduled rental increases, ensuring potential for enhanced returns over time. This brand new construction property requires no deferred maintenance and is privately guaranteed by the founder of Ducklings Early Learning Centers, a respected name in the West Chester area for early childhood education.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
11,191 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2020
Price
£3,347,272
Price Per SF
£299
Net Initial Yield
7%
NOI
£234,286
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Land Acres
3.29 AC
Zoning
R1

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
67-004-0023.0000
Land Assessment
£414,938
Improvements Assessment
£343,959
Total Assessment
£758,898
  • Listing ID: 32379509

  • Date on Market: 08/07/2024

  • Last Updated:

  • Address: 101 Orvis Way, West Chester, PA 19382

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}