2177 Upton Dr - Day Care Center FOR SALE
Virginia Beach, VA 23454 |
$8,701,481 USD
512-543-7437
2177 Upton Dr
Virginia Beach, VA 23454
HIGHLIGHTS
- KinderCare is the Largest Provider of Early Education and Child Care, Operating More Than 2,300 Centers Nationwide
- Virginia Beach is the Most Populous City in Virginia and a 40-Minute Drive From Norfolk International Airport (ORF)
- Long-Term 15-Year Triple Net (NNN) Lease With Limited Landlord Responsibilities
- Average Household Income of $128,430 and a Population of 91,314 Residents Within a 5-Mile Radius
- 10 Elementary Feeder Schools Within a 5-Mile Radius
- Virginia Beach is Experiencing Robust Economic Development, Including a $350M Atlantic Park Surf Complex and Major Expansions By Firms Like STIHL
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,747 SF KinderCare Located at 2177 Upton Drive in Virginia Beach, VA. This Deal Includes a Long-Term 15-Year Triple Net (NNN) Lease With Limited Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With Sands Investment Group, Inc - Lic. ##0226037527 BoR: Tom Gorman - Lic. VA #0225269275
FOR SALE DETAILS
PRICE
$8,701,481 USD
PRICE/SF
$742 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare - Virginia Beach, VA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
100
LAND DETAILS
LAND ACRES
1.66 AC
LAND SF
72,310 SF
ZONING
B2
APN/PARCEL ID
2414-35-0279
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512-543-7437
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512-543-7437
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