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EXECUTIVE SUMMARY
5,100 SF daycare facility sitting on 1.35 AC located right off N. Main Street (Traffic Count=33,800)
7.33% Cap Rate at an attractive price point!
Long-term tenant that has been in place for 20+ years!
Tenant recently renewed for another 5-year term!
Roof replaced in 2022!
Annual Rent Increases!
Hard to find Price Point for Investment!
Growing Market!
7.33% Cap Rate at an attractive price point!
Long-term tenant that has been in place for 20+ years!
Tenant recently renewed for another 5-year term!
Roof replaced in 2022!
Annual Rent Increases!
Hard to find Price Point for Investment!
Growing Market!
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,035 SF
Building Class
C
Year Built
1980
Price
$605,000
Price Per SF
$120.16
Cap Rate
7.33%
NOI
$44,347
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.35 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Learning Town Acad & Daycare
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Learning Town Acad & Daycare | Health Care and Social Assistance | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 122-13-02-005 | Improvements Assessment | $15,540 |
| Land Assessment | $4,080 | Total Assessment | $19,620 |
PROPERTY TAXES
Parcel Number
122-13-02-005
Land Assessment
$4,080
Improvements Assessment
$15,540
Total Assessment
$19,620
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106 Hammett Acres
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