$2,025,000
$2,200,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1.43 Acres Lot
SOLD DATE : 03/31/2022
Key Details
Sold Price $2,025,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10312904
Sold Date 03/31/22
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 62483
Year Built 1986
Annual Tax Amount $37,458
Tax Year 2020
Lot Size 1.434 Acres
Property Sub-Type Commercial
Property Description
Day Care Facility for Sale, with tenant in place. True Triple Net Lease where tenant pays all expenses. The subject was owner built and operated now current tenants and has recently renewed for an additional 10 years with option to renew. This is a hassle free investment with steady cashflow with approximately 5% Cap Rate, in an appreciating market. Subject is located in North Coral Springs, Freestanding 9,567 square feet on over 1.434 acres with perfect access for student drop off and 44 parking spaces. Subject is made up of 16 large classrooms each with its own bathroom, including a gym, media and music room, bathrooms in each plus a Lobby/reception area with 2 offices, there is a kitchen and a teachers lounge. Extremely large playground fenced and a separate fenced and secured pool.
Location
State FL
County Broward County
Area North Broward 441 To Everglades (3611-3642)
Zoning RM-20
Interior
Heating Central Building A/C
Cooling Central Building A/C
Flooring Concrete Floors, Other Floors
Exterior
Water Access N
Roof Type Tile Roof
Private Pool No
Building
Story 1.0000
Foundation Concrete Block Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Ownership Corporation
Security Features Fenced,Security Gate,Security Lighting,Security System
Acceptable Financing Cash, Conventional/Refinance
Listing Terms Cash, Conventional/Refinance
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