Property For Sale Listing 169124
Single Tenant Child Care Portfolio
Status as of Nov-20-2008 at 01:25 AM: Active
Property Summary
The Single Tenant Net Leased Child Care Portfolio has a projected increase in NOI of 33.7 percent over the base term of the leases. This is primarily a factor of the above market rental increases of three percent annually that are in place for the majority of the leases. Based on the proposed purchase price, the cap rate will increase to 11 percent over the term of the leases in place. This portfolio offers investors the opportunity to invest in premier childcare facilities surrounded by excellent demographics while achieving above average returns. The portfolio consists of two single tenant absolute net leased Goddard Schools (Hudson, OH & Tyrone, GA), one single tenant ground leased Goddard School (Murrieta, CA) and one single tenant absolute net leased La Petite Academy (Powell, OH). All four locations have superior demographics with positive population growth, as well as above average household income to name a few of the outstanding location characteristics.
Categories
| Property Types: |
Shopping Centers For Sale Retail-Commercial Properties For Sale |
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| Location: |
United States Commercial Real Estate |
| Other: |
Investment Properties Investment Property For Sale |
Location
| Classification: | United States |
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Price
| Price Classification: | Between $7.5 Million and $10 Million |
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Property Type
| Classification: | Retail-Commercial Properties |
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| Type: | Single Tenant Portfolio |
