Description
Make a smart investment in an up-to-date child day care center facility. This hard-to-find property type is a commercial condo, featuring a long-term tenant with a lease that offers an owner a 7.1% cap rate. The condo has 5,145 USF, 5,348 RSF and also includes an additional estimated 1,850 SF in an outdoor playground area on its north side. A popular child care center has occupied the space for many years, normally at or near capacity. Ample parking is available in the adjacent paved lot.
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Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 7th June, 2023 2:51 AM (UTC)
Listing Agent: Kurt Finley
Listing Office: RE/MAX Traditions, Inc
Attribution contact: kurtfinley@remax.net
