Long Term Lease in Iowa Drive
Explore a lucrative investment opportunity with this meticulously maintained 11,466-square-foot daycare center at 2815 Iowa Drive in Fort Collins, Colorado, priced at $2,850,000. Built in 2004, the property is currently leased to Bright Horizons under a long-term absolute NNN lease with over six years remaining and three 5-year extension options. This investment yields $180,960 annually and is priced significantly below replacement cost. The facility features high-value construction with hardwood floors, a recently replaced HVAC system, and a spacious dedicated parking lot. Located near the intersection of Timberline and Drake Roads, this property promises stable returns and long-term growth in a thriving area.
- Type(s) of School: Preschool/Daycare/Childcare
- Status: For Sale
- City: Fort Collins
- State / Province: Colorado
- Country: United States