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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
20511572
28284563

11637 Sherwood Forest Ct, Baton Rouge, LA 70816

$1,200,000
585 days on market
Updated 21 days ago

Large day care center * Low down payment

Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 9,000
Net Rentable (SqFt) 7,500
Pumps 1
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 5.1
Lease Expiration 12/31/2029
Rent Bumps No
Lease Options 2
Pro-Forma Cap Rate 15.00%
Broker Co-Op Yes
Class B
Year Built 2016
Year Renovated 2016
Buildings 1
Stories 1
Acreage 1.010
Zoning MU2 - MU2 Mixed Use
Parking Spaces 30 spaces
Parking Per SqFt 3.33
Investment Type Owner/User
Lease Commencement 12/01/2024
Ceiling Height 10
Ownership Free and clear
Sale Condition For sale by owner

Large daycare center in an excellent location : Low down payment possible

Marketing description

Please read the entire ad before responding. Serious inquiries only.
Excellent custom built child care center / preschool.

Investment property or owner use.
Convenient Prairieville location close to Baton Rouge.
MU2 zoning.
Close to airline highway, many neighborhoods etc.
Never flooded.

Low down payment 5%-10% possible. Seller arranged financing.

Owner use preferred but not required.

Childcare center is already licensed for more than 150 kids.

Great opportunity if you are looking to start or expand to a large day care.

Interest rate : Prime + 2%.

Long term 15-year loan.

No balloon and no prepayment penalty.

You can refinance anytime with your own bank, if you wish.

Buyer needs to submit full financials including credit report, tax returns, financial statements to qualify.

Agents and brokers welcome. Seller will pay commission.
Available for immediate move in.
Please call or text or e-mail. Please make sure to leave voice mail while calling. We will respond promptly.
Confirmed appointment required for property tours.
Please read the entire ad before responding. Serious inquiries only

Investment highlights

  • Great location in Prairieville and Baton Rouge. Airline highway.

  • Low Dow payment, only 5%-10%. Seller arranges financing.

  • Custom built for daycare. High license capacity. Never flooded

  • Buyers and agents welcome. Property Tour with appointment.

Listing Contacts

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