Donna Testa - CENTURY 21 Commonwealth

367 Pond Street, Ashland, MA 01721


Sale Price

Type of Comm.
Lot Size
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.
Lot Size: 65,938.00
Acres: 1.51
Sale Price: $2,475,000
Settled Date: 7/28/2016 12:00:00 AM
List Price: $3,000,000
Type: Commercial
Type of Comm.: Commercial
Status: Sold
Stories: 1
Buildings: 1
Total Units: 1
Total Sq. Ft.: 10,200
Year Built: 2000
Approx. GLA: 10,200
MLS#: 71964411
Ceiling Height: See Details Now
Elevator: See Details Now
Fire Places: See Details Now
Water: See Details Now
Acres: 1.51
Depth: See Details Now
Space Dividable: See Details Now
Easements: See Details Now
Expandable: See Details Now
Handicap Access: See Details Now
Lot Size: 65,938.00
Parking Spaces: 40
Parking Features: Open, Improved Driveway, Paved Driveway, On Site
Construction: See Details Now
Railroad Siding: See Details Now
Roof Material: See Details Now
Site Condition: See Details Now
Sprinklers: See Details Now
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Underground Tank: See Details Now
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Utilities: See Details Now
Beach: See Details Now
Short Sale Lender Approval: See Details
Lender Owned: See Details
21E On File: See Details
Assoc. Fee Includes: See Details
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Condo Assoc.: See Details
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Exchange: See Details
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Homeowner's Assoc. Fee: See Details
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Net Operating Income: See Details
Book/Page: See Details
Lease Price Includes: See Details
Sublet: See Details
Plat Plan: See Details
Special Financing: See Details
Survey: See Details
Total Assesed Value: See Details
Zoning: See Details
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Manufacturing Sq. Ft.: See Details
Manufacturing Units: See Details
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Office Units: See Details
Retail Sq. Ft.: See Details
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Warehouse Units: See Details
Exclusions: See Details Now
Disclosure Declaration: See Details Now
Disclosure: See Details Now
For Lease: See Details Now
Lease Type: See Details Now
Space Available: For Sale
The listing office is Gibson Sotheby's International Realty and the listing agent is Ronald Geddes. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 7/25/2017 10:35:00 PM.
Donna Testa
Donna Testa
CENTURY 21 Commonwealth