12303 Ridgecrest Rd - Day Care Center FOR SALE


Victorville, CA 92395
$3,150,000 USD
949-727-1200
12303 Ridgecrest Rd, Victorville, CA for Sale
$3,150,000 USD
Day Care Center - FOR SALE
1/2
null | 5.88% Cap Rate

12303 Ridgecrest Rd
Victorville, CA 92395


HIGHLIGHTS

  • NNN CHILDCARE INVESTMENT OPPORTUNITY IN VICTORVILLE, CA
  • Children’s Courtyard, Inc. (CCI) Corporate Lessor
  • Strong Demographics
  • National Leader Learning Care Group, Inc. (LCG),

OVERVIEW

Lee & Associates is pleased to present the opportunity to purchase a freestanding childcare property with 2 buildings and pool at 12303 Ridgecrest Rd, Victorville. The 13,830 SF building is situated on a 2.48 acre (108,028 SF) parcel along Ridgecrest Rd and Lindero St. The property is adjacent to Bear Valley Rd (70,694 CPD) which is a main corridor in the High Desert. The two buildings were built in approximately 2001 and is 100% occupied by Children’s Courtyard, Inc., a national childcare operator with nearly 100 locations nationwide. The average household incomes in a 1 mile, 3 mile, and 5 mile radius are $82,234, $89,573 and $81,037 respectively. The tenant is E-commerce resistant and service oriented. Traffic counts along Bear Valley Rd. is ±70,600 CPD near Ridgecrest Rd. Neighboring retail tenants include: Vons, Ross, Petco, CVS, US Bank, Starbucks, Carl’s Jr., Taco Bell, and many other National and Regional Tenants. The property is adjacent to the Spring Valley Lake Communities which is arguably one of the nicest neighborhoods in the High Desert area. Spring Valley Lake was developed around a man made lake with higher end homes, a country club with a golf course, and many other quality amenities.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$228 USD /SF

CAP RATE

5.88%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

2.48 AC

LAND SF

108,029 SF

ZONING

-

APN/PARCEL ID

0482-033-04

ASK ABOUT THIS PROPERTY

Randall DalbyLee & Associates Commercial Real Estate ServiceMore Info
949-727-1200

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Randall DalbyLee & Associates Commercial Real Estate ServiceMore Info
949-727-1200

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