8747 Sierra College Blvd | Roseville, CA 95661
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8747 Sierra College Blvd
Roseville, CA 95661
Learning Care Group dba Childtime Childcare · Retail Property For Sale
Investment Highlights
- 2nd-Largest Corporate Childcare Operator w/ 1,100+ Units
- Ideal Childcare Property Characteristics with Over 20 Years of Operating History
- Population Counts Exceed 215k within a 5-mile Radius & Projected to Grow 2.21% by '29
- Potential Value Add Opportunity - Contact Broker for More Info
- Avg. HH Income of $183K+ within a 1-mile Radius & Projected to Grow 14.39% by '29
- Strong Mix of Retail & Office Surrounding the Property
Executive Summary
Northmarq is pleased to offer for sale exclusively a single-tenant early education property leased to Childtime in Granite Bay, an affluent suburb of Sacramento. The Learning Care Group (Parent to Childtime) is the second largest for-profit early education operator in North America, with over 1,100 locations across 39 states and the District of Columbia. Learning Care Group is 100% corporately owned and operated and has been in business since 1967.
This property has served the community as a daycare for over 20 years. This is a very affluent area that boasts an excellent average household income of $183k+ and is expected to grow 14.39% by 2029 with a 215K+ population within 5 miles. Nearby national retailers include Chick-Fil-A, Crunch Fitness, Safeway, HomeGoods, and more.
This property has served the community as a daycare for over 20 years. This is a very affluent area that boasts an excellent average household income of $183k+ and is expected to grow 14.39% by 2029 with a 215K+ population within 5 miles. Nearby national retailers include Chick-Fil-A, Crunch Fitness, Safeway, HomeGoods, and more.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
8,320 SF
Building Class
B
Year Built
2001
Price
£2,693,923
Price Per SF
£324
Net Initial Yield
6.37%
NOI
£171,595
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
1.10 AC
Zoning
OP-UP-DL0-
Parking
34 Spaces (6.73 Spaces per 1,000 SF Leased)
Frontage
363 ft on Sierra College Blvd
PROPERTY TAXES
Parcel Number | 048-440-037 | Improvements Assessment | £1,188,495 |
Land Assessment | £990,413 | Total Assessment | £2,178,908 |
PROPERTY TAXES
Parcel Number
048-440-037
Land Assessment
£990,413
Improvements Assessment
£1,188,495
Total Assessment
£2,178,908
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