$450,000
14670 US Hwy 98, Foley
Details
Property Type Office, Retail
Sub Type Day Care/Nursery
Square Footage 3,594
Net Rentable (SqFt) 3,594
Cap Rate 11.65%
NOI $52,440
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 3
Lease Expiration 03/01/2028
Remaining Term 1.7
Price per SqFt $125
Buildings 2
Stories 1
Acreage 0.278
Zoning Commercial
Investment Type Stabilized
Lease Commencement 03/01/2025
Occupancy Date 03/01/2025
Heart of Magnolia Springs Investment
Investment highlights
Currently operating as a daycare with a tenant in place on a current lease agreement through 2028, providing immediate and reliable income for investors. With flexible future potential for office or retail space, this property offers both stable cash flow now and long-term value. Don’t miss this opportunity to own an income-producing property in one of Baldwin County’s most desirable corridors.
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$52,440.00
$4,370.00/mo
Valuation Metrics
0
DSCR
11.65%
Cap Rate
11.65%
ROI
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