2621 Pocoshock Blvd - Day Care Center FOR SALE


Richmond, VA 23235
$1,600,000 USD
571-455-7021
2621 Pocoshock Blvd, Richmond, VA for Sale
$1,600,000 USD
Day Care Center - FOR SALE
1/7
null | 6.15% Cap Rate

2621 Pocoshock Blvd
Richmond, VA 23235


HIGHLIGHTS

  • New 10-year absolute NNN Lease
  • KinderCare has been operational at his location for 35+ years
  • The facility runs at full capacity with a waiting list
  • Tenant is responsible for structural portions of the building including the roof and air conditioning
  • No Landlord Responsibilities

OVERVIEW

Divaris Real Estate, Inc., as the exclusive representative, is pleased to offer for sale this single-tenant net leased opportunity at 2621 Pocoshock Blvd in Richmond, Virginia. The subject property is an approximately 5,000 SF freestanding retail building with two fenced-in outdoor play areas situated at the intersection of Hull Road and Pocoshock Blvd. The property is operated as a KinderCare childcare facility and has been continuously occupied by KinderCare at this location for over 35+ years. Located in the Manchester submarket, the property is only 7 miles Southwest of Dowtown Richmond. KinderCare has signed a new 10-year absolute triple net lease with two five (5) year options to renew and no termination rights offering an investor stable income for the foreseeable future.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$323 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kindercare

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,044 SF

ZONING

C-2

APN/PARCEL ID

762-69-57-71-900-000

ASK ABOUT THIS PROPERTY

Erik UlsakerDivaris Real Estate, Inc.More Info
571-455-7021

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Erik UlsakerDivaris Real Estate, Inc.More Info
571-455-7021

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