La Petite Academy

Special Purpose for Sale
Catylist Listing ID: 30757200
Building Size (RSF): 9,165 SF
Gross Land Area: 3.77 Acres
Sale Price: $2,596,750
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 9,165 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2023

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

Additional Details

Nearest MSA: Lexington-Fayette
County: Fayette
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

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,100 72,164 180,044
Median Age: 39.24 38.31 35.88
Households: 6,131 29,794 75,756


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