3675 Riverdale Rd - Day Care Center FOR SALE


Memphis, TN 38115- Hickory Hill
$975,000 USD
901-691-1849
3675 Riverdale Rd, Memphis, TN for Sale
$975,000 USD
Day Care Center - FOR SALE
1/20
null | 19.04% Cap Rate

3675 Riverdale Rd
Memphis, TN 38115
Hickory Hill


HIGHLIGHTS

  • Turn-Key Daycare Operations
  • State of TN Vouchers & Head Start Program Certified
  • Licensed Director & Teachers

OVERVIEW

Turnkey Income-Producing Daycare | 19.04 % CAP Rate | Memphis, TN Exceptional opportunity to acquire an income-producing, fully operational daycare facility and business at 3675 Riverdale Road in Memphis, Tennessee. Offered at $1,200,000 with a 15.5% CAP Rate, this investment provides an attractive combination of established income, real estate ownership, and a turnkey childcare operation. The approximately 4,900 SF facility is currently operating as a daycare and is being offered with all furniture, fixtures and equipment (FF&E) included, allowing a new owner to step into an established operation with much of the infrastructure already in place. Revenue sources include private-pay tuition, Karamu, State of Tennessee, and Head Start program income. The facility features a fenced playground and has benefited from numerous recent improvements, including new LVT flooring throughout, new interior paint, new hot water heaters, updated appliances, and new compressors on both HVAC systems. In addition to the real estate and FF&E, the business sale includes the LLC, website, and social media accounts, providing a valuable foundation for continued operations and future growth. An engineering drawing is filed with the State of Tennessee, and the daycare currently has licensed teachers/director. Conveniently located with easy access to I-385, this offering presents a compelling opportunity for an existing childcare operator looking to expand into the Memphis market, an owner/operator seeking an established daycare, or an investor looking for an income-producing commercial property with an operating business already in place.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$199 USD /SF

CAP RATE

19.04%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare Learning Centers, Inc.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

CP

APN/PARCEL ID

09-3500-0-0189

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901-691-1849

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901-691-1849

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