$4,895,000
Active
15 Days Online
0 Beds0 Baths5,771 SQFT
Active

2612 S Baldwin Avenue Arcadia, CA 91007

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***5.89% CAP Rate with $288, 088 Year 1 NOI ***NEW 10-YEAR Absolute Triple Net Lease*** Extraordinary investment opportunity in a thriving educational institution that has been operating and serving the community for over 25 years. All Seasons Children's Learning Center is a private, independent, preschool and kindergarten. The school offers a distinctive, fully-integrated ADVANCED curricula that balances an academic program with all the principal elements of development and growth. The school currently holds a WAIT LIST of 300+ students. The site consists of a freestanding ±5, 771 SF retail building, on a ±20, 851 SF lot. A NEW 10-Year NNN Lease will commence at COE with a $288, 088 Year-1 NOI (5.89% CAP RATE) and two Five-Year options to renew. Recent improvements consist of roof replacement.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyLos Angeles
  • Taxes$0
  • HOA/Condo/Coop Fees$0
  • Days on Site15 Days
  • MLS StatusActive
  • MLS ID NumberOC24099140
  • Home Size Source Assessor
  • Year Built1967
  • Lot Size0.47 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickConcrete
  • Parking Spaces 9
  • Number of Stories 1
  • Acreage 0.47
  • Water Public
  • Security Automatic GateSecurity LightsSecurity System
  • Property Sub Type Retail
  • Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailablePhone ConnectedWater AvailableWater Connected
  • Zoning ARC2D
  • Listing Conditions Standard

Interior Features

  • Cooling Central Air
  • Heating Central
  • Laundry Features None

Exterior Features

  • Fencing Brick
  • Lot 0-1 Unit/ Acre

Community Features

  • MLS Area 605 - Arcadia
  • Security Features Automatic GateSecurity LightsSecurity System

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Monthly Payment (Est.)

$26,132
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