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Kiddie Academy Orange County, CA 7501 Commonwealth Ave 8,928 SF Office Building Buena Park, CA 90621 $8,224,000 ($921.15/SF) 5.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease featuring scheduled rental increases during the initial lease term and options
- Best in Class Tenant - This location is operated by one of the most successful Kiddie Academy franchisees in the nation (7 Locations in OC)
- Excellent Preschool / Daycare Location - Fully enrolled daycare with waiting list - Long-term security for tenant and investor
- Absolute NNN Lease Structure - Tenant is responsible for everything including base rent, taxes, insurance, CAM, and roof & structure
- 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 p
- Affluent / Strong Demographics - There are over 642,286 residents living within a 5 mile radius of the Subject Property, with an average household inc
EXECUTIVE SUMMARY
BLVD Real Estate Investment Co, Inc. is pleased to offer for sale, the fee simple interest in a newly built Kiddie Academy daycare, located within Buena Park (Orange County), CA.
The property will feature a brand new 20-year absolute NNN lease starting at the close of escrow, with multiple options to extend, making this an ideal investment opportunity for a 1031 buyer or passive investor.
DO NOT DISTURB TENANT/BUSINESS AS THIS IS AN ACTIVE DAYCARE/PRESCHOOL.
PLEASE INQUIRE WITH LISTING AGENTS IF YOU’D LIKE TO SCHEDULE A SITE TOUR.
The property will feature a brand new 20-year absolute NNN lease starting at the close of escrow, with multiple options to extend, making this an ideal investment opportunity for a 1031 buyer or passive investor.
DO NOT DISTURB TENANT/BUSINESS AS THIS IS AN ACTIVE DAYCARE/PRESCHOOL.
PLEASE INQUIRE WITH LISTING AGENTS IF YOU’D LIKE TO SCHEDULE A SITE TOUR.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Office
Property Subtype
Medical
Building Size
8,928 SF
Building Class
B
Year Built
1971
Price
$8,224,000
Price Per SF
$921.15
Cap Rate
5.35%
NOI
$440,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,928 SF
Slab To Slab
15’
Building FAR
0.27
Lot Size
0.77 AC
Zoning
General Commericial - Allows for medical, retail and commercial uses by right. Additional specific plan overlay allows for redevelopment has mixed-use residential
Parking
56 Spaces (6 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- High Ceilings
- Monument Signage
- Air Conditioning
1 1
Walk Score®
Very Walkable (75)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,126,087 | |
| Land Assessment | $3,182,352 | Total Assessment | $4,308,439 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,182,352
Improvements Assessment
$1,126,087
Total Assessment
$4,308,439
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Kiddie Academy Orange County, CA | 7501 Commonwealth Ave
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