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Browse More Listings in Retail For Sale, Raleigh, NC or North Carolina

Retail Property For Sale

Kiddie Academy

2601 Wakefield Crossing Drive, Raleigh, NC 27614

Price:
$2,599,000
Building Size:
9,020 SF
Price/SF:
$288.14
Property Type:
Retail
Property Sub-type:
Day Care Facility/ Nursery
Property Use Type:
Net Lease Investment with 10+ years left on lease
Cap Rate:
7.92%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.45 AC
Find Out More...

Last Verified 11/6/2009 Listing ID 15887704

Description

New Wakefield Plantation Daycare in 2nd year of 15 year lease. Leased to Kiddie Academy franchisee with two percent annual escalations. Single story building sitting on 1.45 acres with 17,800 sf of fenced area for playground.

Located in Wakefield Plantation, one of the best areas of Raleigh, NC. Wakefield Plantation is a pregistous 2,200 acre all inclusive development adjacent to Falls Lake and the Town of Wake Forest in Wake County. A world class TPC golf course, full retail and office, the best public and private schools, medical, and excellent demographics are all found in this area. Great roads with a future New Falls of Neuse Road realignment to make the property even more accessible.

Financial Summary

Actual
Net Operating Income
$206,250

Map of 2601 Wakefield Crossing Drive, Raleigh, NC 27614 (Wake County)

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Presented by

DeWitt Real Estate Services

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Contact Listing Broker

Lydia Ward (919) 863-1000 Ext: 139

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Created 9/10/2008

Additional Information for 2601 Wakefield Crossing Drive, Raleigh, NC 27614

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 2601 Wakefield Crossing Drive, Raleigh, NC 27614

Nearby Retail properties for saleSearch all commercial real estate for sale

3041 Berks Way
$125,000
651 SF

Nearby Shopping Center properties for leaseSearch all commercial real estate for lease

Wakefield Commons
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1,400 - 6,088 SF
Wakefield Crossing
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1,180 - 4,780 SF
WAKEFIELD CROSSING
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1,352 - 4,780 SF

Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Restaurant
Sold 4Q 2007
Free Standing Bldg
Sold 4Q 2009
Free Standing Bldg
Sold 3Q 2005
Day Care Facility/Nursery
Sold 2Q 2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Kiddie Academy

2601 Wakefield Crossing Drive, Raleigh, NC, 27614