2301 Sparks Blvd - Day Care Center FOR SALE


Sparks, NV 89434
$1,625,000 USD
775-348-5234
2301 Sparks Blvd, Sparks, NV for Sale
$1,625,000 USD
Day Care Center - FOR SALE
1/4
null | Request Cap Rate

2301 Sparks Blvd
Sparks, NV 89434


HIGHLIGHTS

  • Located at the Signalized Intersection of Sparks Boulevard and O’Callaghan Drive (~30,000 CPD)
  • Dense Residential Neighborhoods Surround the Property
  • Priced Well Below Replacement Cost |

OVERVIEW

The subject property is a 6,340 square-foot standalone childcare building situated on approximately 0.78 acre(s) of land in Sparks, Nevada. The property is very well located at the signalized intersection of Sparks Boulevard and O’Callaghan Drive, which collectively have 30,000+ cars per day. In addition, it is easily accessed by the dense residential neighborhoods that surround this site. The property has been successfully operated as a childcare facility for decades – most recently by the current owners for roughly fifteen years. It is now being offered vacant to a new owner. The existing building was constructed in 1987 as a daycare center. The current owner purchased the property in 2011, and renovated the interior of the building at that time. The existing layout is configured with multiple different classroom areas, private offices, restrooms, and a kitchen area. The building could be operated as-is, or easily renovated to suit a different use. The building is a standard rectangular shape with plumbing throughout, making for a very versatile space. The exterior of the building currently has three separate playground areas, all independently accessible by various classrooms. The rest of the lot consists of 30 paved parking spaces, with ingress and egress from O’Callaghan Drive. Listed at $1,625,000, or $256.31 per square-foot, this property presents a new owner the opportunity to own a versatile, very well located property in the Reno/Sparks MSA. Please contact agent for more details.

FOR SALE DETAILS

PRICE

$1,625,000 USD

PRICE/SF

$245 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.79 AC

LAND SF

34,195 SF

ZONING

-

APN/PARCEL ID

036-011-23

ASK ABOUT THIS PROPERTY

Bret NicholsonMarcus & MillichapMore Info
775-348-5234

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Bret NicholsonMarcus & MillichapMore Info
775-348-5234

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.