La Petite Academy - For Sale
Special Purpose
for Sale
| Catylist Listing ID: |
30860364 |
| Building Size (RSF): |
9,165 SF
|
| Gross Land Area: |
3.77 Acres
|
| Sale Price: |
$2,709,652 |
| Property Use Type: |
Net Leased Investment (NNN) |
| Usable Size (USF): |
9,165 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
7/8/2024 |
Overview / Comments
|
9,165 square foot Day Care Center investment for sale in South Lexington.? Located off of Higbee Mill Road with over 500 feet of frontage on Man O War Boulevard with great visibility and signage. This brand new day car facility consists of 10 classrooms, break room, directors office, large commercial kitchen with hood system, high end appliances, 3 compartment sink, gas range, and an ice maker.? The building sits on 3.7 acres of land and was recently leased to La Petite Academy for an initial 7 year NNN lease with 4 options to extend.?
|
Current Tenants
| Tenant Business Name |
La Petite Academy |
| Is Renting? |
Yes |
| Suite Number |
100 |
| SF of Space Occupied |
9,165 SF |
| Current Rent |
$155,805 PSF (Annual) |
| Lease Expiration |
10/2028 |
| Options |
Four (4) Five (5) year options to extend |
| Tenant Business Name |
La Petite Academy |
| Is Renting? |
Yes |
| Suite Number |
100 |
| SF of Space Occupied |
9,165 SF |
| Current Rent |
$155,805 PSF (Annual) |
| Lease Expiration |
10/2028 |
| Options |
Four (4) Five (5) year options to extend |
Additional Details
| Nearest MSA: |
Lexington-Fayette |
| County: |
Fayette |
| Tax ID/APN: |
38284600 |
| Zoning: |
R-1 |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Man O War Blvd |
| Airports: |
Bluegrass Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
9,165 SF |
| Property Condition: |
Excellent |
| Year Built: |
2021 |
| Roof Type: |
Gable |
| Parking Type: |
Surface |
| Sprinklers: |
Wet |
| Zoning Description: |
R-1 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,100 |
67,304 |
179,107 |
| Median Age: |
39.24 |
38.72 |
35.85 |
| Households: |
6,131 |
28,050 |
75,313 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Kentucky Commercial Real Estate Alliance nor
Moody's assume any liability for errors or omissions.
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