Single-tenant Preschool – $58,752 NOI 8.1% Cap $725K For Sale

Description

Daycare and preschool investment property for sale in the Lyons and Vidalia market area of Southeast Georgia.

The property includes a freestanding childcare facility measuring approximately 3,763 sq. ft.

The building is currently leased to an established childcare operator.

Investment details

• Asking price: $725,000
• Annual rental income: approximately $58,752
• Reported cap rate: approximately 8.1%
• Approximately 14 years remaining on the lease
• Annual rent increases
• Single-tenant property

The property is currently income-producing under a long-term lease.

Buyers should review the lease, tenant financials, rent escalation schedule and operating expenses during due diligence.