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537 Evangeline Trl
Breaux Bridge, LA 70517 St Martin Parish

$2,477,419 USD

Daycare Center For Sale  •  10,000 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 10,000 SF
  • Lot Size 0.73 AC
  • Building Class B
  • Year Built 2013
  • Cap Rate 7.75 %
  • Tenancy Single
40 Walk Score

Highlights

Little Blessings Daycare has been operating since 2008 with 20 locations across Louisiana and Texas.
The property is subject to a recently executed long-term Absolute Triple Net (NNN) Lease with ~14 years remaining, 10% contractual rent increases.
Attractive 7.75% going-in CAP Rate.
10% rental increases every 5 years to hedge against inflation and grow NOI over the term.
More than 5,100 children ages 0-12 reside within a 5-mile radius, providing a concentrated family base to support ongoing childcare demand.
Breaux Bridge offers convenient access to Interstate 10, providing direct connectivity to Lafayette, ~10 miles away, Baton Rouge, 50 miles away.
Cap Rate: 7.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Little Blessings 10,000 SF 7/31/2040

Public Transportation

AirportDriveWalkDistance
Lafayette Regional/Paul Fournet Field 18 min - 10.5 mi
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC