Listed by Blvd Real Estate Investment Co
$8,350,000
New 20-Yr Abs NNN leased Kiddie Academy - So Cal
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 8,928
Cap Rate 5.27%
NOI $440,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options 4 (5-Year) Options
Broker Co-Op True
Year Built 1971
Year Renovated 2022
Lot Size (SqFt) 44,017
Investment Type Sale/Leaseback
Ground Lease No
New 20-Yr Abs NNN Lease w/ Kiddie Academy - Orange County (Buena Park), CA
Marketing description
Brand New 20-Year Absolute NNN lease
Top So Cal / Orange County Location - Buena Park
Scheduled 2% Annual Rental Increases
Investment highlights
- Brand New 20-Year Absolute NNN Lease featuring scheduled rental increases during the initial lease term and options
- Absolute NNN Lease Structure - Tenant is responsible for everything including base rent, taxes, insurance, CAM, and roof & structure
- Ideal 1031 Investment Opportunity for Passive Investor - No Landlord responsibilities whatsoever
- Best in Class Tenant / Franchisee - This location in Buena Park is operated by one of the most successful Kiddie Academy franchisees in the nation with the exclusive rights to operate the Kiddie Academy brand in North Orange County, CA; the tenants other locations include: Irvine, Tustin, Huntington Beach, Santa Ana, Costa Mesa, Buena Park, Orange and growing...
- Top Tier Orange County location
- Outstanding Location at Signalized, Hard Corner Intersection of Auto Center Drive and Western Avenue - Over 40,188 vehicles per day at the intersection
- Freeway On-Ramp & Off-Ramp Access - Located at the on/off ramps for I-5 Freeway and Auto Center Drive
- Convenient drop Off and Pick Up Location for parents and children
- Excellent Preschool / Daycare Enrollment - Fully enrolled school with waiting list - Long-term security for tenant and investor
- Affluent / Strong Demographics - There are over 642,286 residents living within a 5 mile radius of the Subject Property, with an average household income above $105,686 - Ideal demographics for preschool
Listing Contacts
Listed by Blvd Real Estate Investment Co
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$440,000.00
$36,666.67/mo
Valuation Metrics
0
DSCR
5.27%
Cap Rate
5.27%
ROI
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