11 Professional Center Pky - Day Care Center FOR SALE


San Rafael, CA 94903- Smith Ranch
$8,814,000 USD
650-678-7200
11 Professional Center Pky, San Rafael, CA for Sale
$8,814,000 USD
Day Care Center - FOR SALE
1/2
null | 7% Cap Rate

11 Professional Center Pky
San Rafael, CA 94903
Smith Ranch


HIGHLIGHTS

  • 20-year corporate net lease featuring 2% annual rental increases
  • Lease features a full-term corporate guaranty from tenant’s parent company – Guidepost Global Education (see below)
  • Rare education zoning – barrier to entry product
  • Very strong enrollments / profitable unit (speak with Agent)
  • Historically prominent retail/office location in premier suburban enclave
  • Marin County is a high barrier to entry market for education resulting in high enrollments and tuitions

OVERVIEW

A 20-year corporate net lease Guidepost Global Education lease featuring 2% annual rental increases located in Marin County, California. Marin County is an affluent area that has limited daycare options where Guidepost has had great success with enrollments.

FOR SALE DETAILS

PRICE

$8,814,000 USD

PRICE/SF

$1,140 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guidepost Global Education

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

O

APN/PARCEL ID

155-072-04,155-072-05

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.