Turnkey Commercial Investment - An excellent opportunity to acquire a fully leased commercial asset with a secure, long-term tenant and a strong return on investment. This 4,400 sq. ft. building has been home to a licensed daycare since 2012 and is now under a brand new 10-year Triple Net (NNN) lease. The lease commenced in 2024 at a rate of $19.92 per square foot and offers reliable, stable cash flow backed by a long-standing operator with deep roots in the community. This investment delivers a solid 10.69% capitalization rate, providing excellent returns and long-term security. This is a rare opportunity to invest in a low-maintenance, income-producing property with minimal risk and consistent performance, ideal for both seasoned investors and those looking to add a dependable asset to their portfolio. * PREC - Personal Real Estate Corporation (id:63379)
| MLS® Number | C8068817 |
| Property Type | Office |
| Road Type | Paved Road |
| Constructed Date | 1980 |
| Size Interior | 4,400 Ft2 |
| Acreage | No |
| Size Irregular | 0.2 |
| Size Total | 0.2 Ac |
| Size Total Text | 0.2 Ac |
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