Current DayCare - Property investment

Retail-Commercial for Sale
Catylist Listing ID: 30868750
Property Subtypes: Day Care Facility
Building Size (RSF): 2,400 SF
Gross Building Area: 2,720 SF
Gross Land Area: 0.27 Acres
Sale Price: $267,000
Unit Price: $111.25 PSF
Ceiling: 10 ft.
Property Use Type: Investment
Building Name: Daycare Center
Usable Size (USF): 2,400 SF
Sale Terms: Cash to Seller
Cap Rate: 7.0%
Average Occupancy Rate: 100
Last Updated: 4/5/2024

Overview / Comments

Owner is selling building/land with current tenant in place. Daycare tenant is currently month-to-month awaiting long term lease from new ownership. Current base rent: $2,050. Insurance: $4,355; Property taxes: $1,543. Building has been used for decades as a daycare center. New owner also can vacate the tenant and use the building and land for their business needs.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Taxing Authority: Escambia County
Tax ID/APN: 162S302300005054
Zoning: HC/L1
Retail Clientele: Family
Property Visibility: Excellent
Largest Nearby Street: New Warrington Rd
Feet of Frontage: 96
Traffic/Vehicle Count: 45,500
Airports: Pensacola Regional Airport
Site Description: Building currently leased as a daycare center. Building has been updated and parking lot has been repaved
Area Description: Area of businesses surrounded by moderate priced homes
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,400 SF
Property Condition: Good
Year Built: 1973
Year Renovated: 2023
Roof Type: Other
Construction/Siding: Block, Brick
Exterior Description: Block building with Brick facade.
Total Parking Spaces: 11
Parking Ratio: 0.2 (per 1000 SF)
Parking Type: Surface
Parking Description: Parking lot paved and striped recently
Sprinklers: None
Heat Type: Electricity
Heat Source: Central, Heat Pump
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Recently remodeled by current tenant for Childcare
Zoning Description: HC/L1 Heavy Commercial and Light Industrial Sec. 3-2.11
Lot Frontage: 96
Lot Depth: 164
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Current owner - selling interest in land/building
Legal Description: BEG AT SW COR OF BLK 48 N 14 DEG 02 MIN W 456 35/100 FT TO POB N 22 DEG 35 MIN E 96 FT N 89 DEG 48 MIN W 164 75/100 FT S 01 DEG 58 MIN E 94 FT N 88 DEG 07 MIN E 125 05/100 FT TO POB OAKCREST S/D PLAT DB 67 P 28 OR 7982 P 624

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,077 84,475 163,209
Median Age: 33.41 36.11 37.83
Households: 4,506 31,473 65,355


Photograph of Listing Agent

John Briscoe

Phoenix Realty NWFL LLC Gulf Coast CMLS Member
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