5956 Old Dixie Hwy - Day Care Center FOR SALE


Forest Park, GA 30297
$1,400,000 USD
404-500-5800
5956 Old Dixie Hwy, Forest Park, GA for Sale
$1,400,000 USD
Day Care Center - FOR SALE
1/31
null | 5.2% Cap Rate

5956 Old Dixie Hwy
Forest Park, GA 30297


HIGHLIGHTS

  • Rental Increases of 3% annually
  • The property sits on .83 Acres Highly Visible from Old Dixie Road which sees over 19,500 VPD
  • The property is surrounded by residential homes with a high demand for day-care services
  • The AC units have been replaced in the past year as well as a new roof

OVERVIEW

BellStreet presents this 8,000SF child/daycare building. Initial five year lease with a local daycare. Two years remain on the lease term. 3% escalations per year. The tenant pays all utilities. Newly Renovated building as of the last 5 years. New AC units installed this year as well as a new roof.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heritage Learning Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.83 AC

LAND SF

36,155 SF

ZONING

GB, County

APN/PARCEL ID

13-0110C-00B-003

ASK ABOUT THIS PROPERTY

Parker BuchananBellStreetMore Info
404-500-5800

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Parker BuchananBellStreetMore Info
404-500-5800

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