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1st Floor - Unit 2
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Retail
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11,000 SF
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$3,200,000 USD
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Unit Size: 11,000 SF
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Condo Use: Retail
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Price: $3,200,000 USD
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Sale Type: Investment
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Price/SF: $290.91 USD
Sale Notes
Offered at $3,200,000, this premier childcare facility is leased to a high-credit national operator with a proven track record and strong enrollment demand. The tenant has over eight years remaining on the current term, plus two 5-year renewal options, providing long-term stability and reliable income. The triple-net (NNN) lease structure offers minimal landlord responsibilities, and the tenant carries business interruption insurance for added security. Current base rent of $18,051.88 per month is supported by a highly successful operation with waiting lists and consistent occupancy. The property is located in a strongly growing demographic area with excellent visibility and access. The well-maintained building reflects the quality of the tenant and surrounding neighborhood. Additional Opportunity: Two additional condominium units—Unit 7 (0.34 acres) and Unit 8 (0.45 acres)—are available separately at $100,000 each. These sites are ideally suited for cell tower or billboard leases, offering attractive ancillary income potential. If purchased together, the total price for all three properties is $3,250,000. Seller Financing is available!
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