12303 Ridgecrest Rd - Day Care Center FOR SALE


Victorville, CA 92395
$2,800,000 USD
602-541-1019
12303 Ridgecrest Rd, Victorville, CA for Sale
$2,800,000 USD
Day Care Center - FOR SALE
1/6
null | 6.75% Cap Rate

12303 Ridgecrest Rd
Victorville, CA 92395


HIGHLIGHTS

  • Rare Sub $3 Million Corporate Triple Net Asset in California
  • 5% Rental Increases Every 5 Years With Multiple Renewal Options
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • Less Than 1 Mile from Victor Valley Community College (±8,425 Students)
  • 175,650+ Residents Within a 5-Mile Radius
  • Average Household Income Exceeds $94,000 in a 1-Mile Radius

OVERVIEW

The Children’s Courtyard schools are designed for children from six weeks to 12 years of age. In all the early educational programs along the school’s Learning Pathway, The Children’s Courtyard provides research-based curriculum that can be customized to meet the individual developmental needs of each child. The Children’s Courtyard is part of Learning Care Group, and has 96 schools open and in development across 12 states. Victorville, California, is home to approximately 141,000 residents and is the largest city in the High Desert region of San Bernardino County and serves as a major commercial, transportation, and service center for the Victor Valley.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Children's Courtyard

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

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

Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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