Income Producing Daycare

Office for Sale
Sale Pending/Contingent
Catylist Listing ID: 30775178
Property Subtypes: Net Leased, Office Building, Other
Status: Pending/Contingent
Building Size (RSF): 6,516 SF
Gross Building Area: See Agent
Gross Land Area: 0.66 Acres
Sale Price: $475,000
Unit Price: $72.90 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Holly's Adventurer Learning Center
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 12/22/2021

Overview / Comments

This 10% cap rate triple net leased investment property is leased to Holly's Adventurers Learning Center through May 1st, 2026, with one option to renew the lease for another five years. There are 3% annual increases on the $4,000/month initial term, which began on May 1st, 2021. This lease has minimal landlord responsibilities.

Additional Details

Nearest MSA: Pensacola-Ferry Pass-Brent
County: Escambia
Tax ID/APN: 372S305002000056
Zoning: HDMU

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,963 64,295 132,787
Median Age: 31.23 35.88 36.06
Households: 3,440 25,610 49,478

Contact

Photograph of Listing Agent

Fred Gunther

Gunther Properties LLC Gulf Coast CMLS Member
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