Sold
367 Pond Street
Ashland MA, 01721
$2,475,000
$242.65 per sqft
Sold
10,200 sqft
Unknown
Built in 2000
This commercial sale offering is a rare, triple net leased, single tenant property in Ashland, MA occupied for the past eleven years by a full service Kinder Care Learning Center ("KCLC"). Featuring an enviably high occupancy rate over the years, the Learning Center has a capacity of 109 which includes infants, toddlers and pre-school children served by a staff of over thirty professional child care specialists. Building contains 10,200 square feet of improved classroom and office space. Substantial number of parking spaces surround the building as well as a secure, dedicated play area at the rear of the building. The KCLC operates its program under the terms of a 13 year lease term ending on January 13, 2018. Three consecutive 5 year terms are available. While the KCLC parent company, Partners Group of Switzerland, must provide 4 months notice of its intention to extend its lease, we envision but do not represent that KCLC will extend its lease at that time.
71964411
MLSⓇ ID
February 6, 2024
Updated
Map
367 Pond Street
Ashland MA, 01721
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
1.51 Acres
Other Property Details
Garage
No
Parking Total
40
View
No
County
Middlesex
Pool
No
Zoning
Day Care
Courtesy of ,
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Data last updated 2:50 PM UTC, 2/6/2024
