Childtime Childcare, Inc.

For Sale

6 Willowbrook Rd., Queensbury, NY 12804

This Queensbury property for sale is located at 6 Willowbrook Rd.. The current listed sale price for Childtime Childcare, Inc. is $1,675,000. Childtime Childcare, Inc. is situated on a lot that is 3.92 acre in size.

Contacts

broker

Daniel Skedel

The Keyes Company

(248) 790-3631

Property Details

  • Property Type Other - Special Purpose
  • Property Size 8,945 SF
  • Units 1
  • Lot Size 3.92 Acre
  • Parking Spaces Avail. 40
  • Parking Ratio 4.47 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 2001
  • Year Renovated 2020
  • Date Updated Jan 24, 2024
Retail rents in the Glens Falls Market were rising at a 0.9% annual rate during the fourth quarter of 2022, and have posted an average annual gain of 1.3% over the past three years. In addition to 35,000 SF that has delivered over the past three years (a cumulative inventory expansion of 0.3%), there is 3,500 SF currently underway, representing a fractional expansion of the existing inventory. Vacancies in the metro were a bit above the 10-year average as of 2022Q4, and trended upward over the past four quarters. Nonfarm payrolls were recently increasing at an annual rate of 4.2%, a gain of about 2,100 jobs, and the metro's strongest rate of job creation in over a year.This Childtime property sale includes the Real Estate and attached fixtures, the facility has a licensed capacity of 131 students per the State of New York. It is leased to the nations second largest child care provider The Learning Care Group and is 4.5 years into a 15 year initial term. The tenant has 2 - 5 yr options to renew with annual rent escalations of 1.75%. This Childtime childcare facility is located on 3.92 acres of beautiful landscaped land with ample parking. The property was built in 2001 and fully renovated in 2020 up to current building codes including a sprinkler system and brand new playground equipment.

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Highlights

  • Quality Tenant - 2nd largest child care operator in the US with over 1,070 locations,
  • Corporate Tenant
  • Lease has 11 years remaining on initial lease term with 2 - 5 yr tenant options
  • 1.75% annual escalations through option periods

Getting around

  • 28/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Queensbury, NY
  • Zip Code 12804
  • Market Albany

Points of Interest

  • Fort Edward-Glens Falls

    6.29 miles

  • Stewart's

    0.44 miles

  • Sunoco

    0.78 miles

  • Cumberland Farms

    1.24 miles

  • Sunoco

    1.30 miles

  • Stewart's

    1.44 miles

  • Speedway

    1.64 miles

  • Sunoco

    1.65 miles

  • Tesla Supercharger

    1.66 miles

  • Mobil

    1.88 miles

  • Stewart's

    2.18 miles

  • South Parking

    0.50 miles

  • Faculty and Staff Parking

    0.65 miles

  • North Parking

    0.78 miles

  • Preferred Parking

    2.13 miles

  • Visitor Parking

    2.16 miles

  • South Street Municipal Parking

    2.32 miles

  • Elm Street Municipal Parking

    2.36 miles

  • Oakland Street Public Parking

    2.50 miles

  • Provider Lot

    2.50 miles

  • Oakland Street Public Parking

    2.50 miles

  • Sleep Inn

    1.31 miles

  • Quality Inn

    1.56 miles

  • Econo Lodge

    1.58 miles

  • Hilton

    1.75 miles

  • Country Inn & Suites

    1.79 miles

  • Ramada

    1.89 miles

  • The Queensbury Hotel

    2.22 miles

  • Great Escape Lodge and Indoor Water Park

    2.23 miles

  • Holiday Inn Express & Suites

    3.35 miles

  • Fairfield Inn

    3.45 miles

  • Hannaford

    0.85 miles

  • TJ Maxx

    1.29 miles

  • ALDI

    1.35 miles

  • Price Rite

    1.37 miles

  • Price Chopper

    1.41 miles

  • Walmart Supercenter

    1.51 miles

  • Sears

    1.57 miles

  • Target

    1.61 miles

  • Aviation Mall

    1.64 miles

  • The Bon Ton

    1.68 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Daniel Skedel

The Keyes Company

(248) 790-3631