• Attention Investors take a loo...

  • $1,350,000
Attention Investors take a look at this 7,299 sq ft building situated on a 2.45 acre lot. It features 6 classrooms, 8 bathrooms, multi-purpose room, full kitchen, laundry facility, and a teacher's lounge. It is well-maintained with new interior paint, tile roof, and stucco exterior. The building is currently occupied by a Pre-school, paying $10,600 per month on a long term lease, NNN, Cap rate is above 8. The Pre-school business is very well established the facility is licensed for 124 children from ages 6 weeks through 12 years old. The licensing allows for 24 infants/toddlers, 75 pre-school students, and 25 after-school students. Currently, the business is operating at 100% capacity. Operating hours are Monday through Friday from 6AM-6PM. There is ample room on the property itself for potential future expansion.
$1,350,000
21912720
7690 Union Avenue
Bakersfield
Kern
Watson Realty ERA
Peter Peralta
Commercial / Ind.
Commercial
106,722sq.ft.
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PostedOctober 31, 2019

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