1345 N Grand Ave - Day Care Center FOR SALE


Santa Ana, CA 92705- Mabury Park
$7,220,000 USD
818-281-7893
1345 N Grand Ave, Santa Ana, CA for Sale
$7,220,000 USD
Day Care Center - FOR SALE
1/8
null | 5% Cap Rate

1345 N Grand Ave
Santa Ana, CA 92705
Mabury Park


HIGHLIGHTS

  • Long-Term (15~ Year) Absolute NNN Lease featuring scheduled annual rental increases during the initial lease term and options
  • Scheduled 2% Annual Rental Increases - Reliable and consistent cash flow growth for investor
  • Absolute NNN Lease Structure - Tenant is responsible for all expenses including base rent, taxes, insurance, CAM, and roof & structure
  • Convenient I-5 Freeway Location - Easy Drop Off and Pick Up Location for parents and children
  • Excellent Preschool / Daycare Enrollment - Fully enrolled school with waiting list - Long-term security for tenant and investor
  • Affluent Area / Strong Demographics - Over 644,809 residents living within a 5 mile radius, with an average household income of $127,117

OVERVIEW

Long-Term (15-Year) Absolute NNN Leased Kiddie Academy in Santa Ana (Orange County), CA - Long-Term (15~ Year) Absolute NNN Lease featuring scheduled annual rental increases during the initial lease term and options - Scheduled 2% Annual Rental Increases - Reliable and consistent cash flow growth for investor - Absolute NNN Lease Structure - Tenant is responsible for all expenses including base rent, taxes, insurance, CAM, and roof & structure - Ideal 1031 Investment Opportunity for Passive Investor - No Landlord responsibilities whatsoever - Best in Class Tenant / Franchisee - This location in Santa Ana is operated by one of the most successful Kiddie Academy franchisees in the nation with the exclusive rights to operate the Kiddie Academy brand in North Orange County, CA; the franchisee’s other locations include: Irvine, Tustin, Huntington Beach, Santa Ana (Subject Property), Costa Mesa, Buena Park, and Orange - Top Tier Orange County Location in Santa Ana - Convenient I-5 Freeway Location - Easy Drop Off and Pick Up Location for parents and children - Excellent Preschool / Daycare Enrollment - Fully enrolled school with waiting list - Long-term security for tenant and investor - Affluent Area / Strong Demographics - There are over 644,809 residents living within a 5 mile radius of the Subject Property, with an average household income above $127,177 - Ideal demographics for child care

FOR SALE DETAILS

PRICE

$7,220,000 USD

PRICE/SF

$1,062 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

C5

APN/PARCEL ID

400-261-14

ASK ABOUT THIS PROPERTY

Nick D'ArgenzioBlvd Real Estate Investment Co.More Info
818-281-7893

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Nick D'ArgenzioBlvd Real Estate Investment Co.More Info
818-281-7893

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