703 Patchogue Yaphank Rd - Day Care Center FOR SALE
Medford, NY 11763 |
$5,033,257 USD
512-543-7437
703 Patchogue Yaphank Rd
Medford, NY 11763
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States With 30+ Years of Operating History & More Than 300 Locations
- Medford is Located in the Heart of Long Island and One Hour's Drive East of John F. Kennedy International Airport (JFK)
- 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
- Average Household Income of $143,618 and a Population of 148,212 Residents Within a 5-Mile Radius
- 12 Feeder Elementary Schools Within a 10-Mile Radius
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,460 SF Cadence Academy Located at 703 Patchogue Yaphank Road in Medford, NY. This Deal Includes a 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators, Providing For a Secured Investment.
In Cooperation With SIG RE Services NY LLC - Lic. #10991233211 BoR: Andrew Ackerman - Lic. NY #10491210161
FOR SALE DETAILS
PRICE
$5,033,257 USD
PRICE/SF
$212 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy - Medford, NY
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
34
LAND DETAILS
LAND ACRES
1.6 AC
LAND SF
69,696 SF
ZONING
R5B
APN/PARCEL ID
0200-812-00-03-00-005-008
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512-543-7437
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512-543-7437
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