Kiddie Academy
At-A-Glance
Price: $8,075,000
NOI: $400,000
Cap Rate: 5%
Opportunity
BLVD Real Estate Investment Co, Inc. is pleased to offer for sale, the fee simple interest in a newly built Kiddie Academy daycare, located within Buena Park (Orange County), CA.
The property will feature a brand new 20-year absolute NNN lease starting at the close of escrow, with multiple options to extend, making this an ideal investment opportunity for a 1031 buyer or passive investor.
DO NOT DISTURB TENANT/BUSINESS AS THIS IS AN ACTIVE DAYCARE/PRESCHOOL.
PLEASE INQUIRE WITH LISTING AGENTS IF YOU’D LIKE TO SCHEDULE A SITE TOUR.
Highlights
Brand New 20-Year Absolute NNN Lease featuring scheduled rental increases during the initial lease term and options
Absolute NNN Lease Structure - Tenant is responsible for everything including base rent, taxes, insurance, CAM, and roof & structure
Ideal 1031 Investment Opportunity for Passive Investor - No Landlord responsibilities whatsoever
Best in Class Tenant / Franchisee - This location in Buena Park is operated by one of the most successful Kiddie Academy franchisees in the nation with the exclusive rights to operate the Kiddie Academy brand in North Orange County, CA; the tenants other locations include: Irvine, Tustin, Huntington Beach, Santa Ana, Costa Mesa, Buena Park, Orange and growing...
Top Tier Orange County location
Outstanding Location at Signalized, Hard Corner Intersection of Auto Center Drive and Western Avenue - Over 40,188 vehicles per day at the intersection
Freeway On-Ramp & Off-Ramp Access - Located at the on/off ramps for I-5 Freeway and Auto Center Drive
Convenient Drop Off and Pick Up Location for parents and children
Excellent Preschool / Daycare Enrollment - Fully enrolled school with waiting list - Long-term security for tenant and investor
Affluent / Strong Demographics - There are over 642,286 residents living within a 5 mile radius of the Subject Property, with an average household income above $105,686 - Ideal demographics for preschool
