2612 S Baldwin Avenue Arcadia, CA 91007
***5.89% CAP Rate with $288, 088 Year 1 NOI ***NEW 10-YEAR Absolute Triple Net Lease*** Extraordinary investment opportunity in a thriving educational institution that has been operating and serving the community for over 25 years. All Seasons Children's Learning Center is a private, independent, preschool and kindergarten. The school offers a distinctive, fully-integrated ADVANCED curricula that balances an academic program with all the principal elements of development and growth. The school currently holds a WAIT LIST of 300+ students. The site consists of a freestanding ±5, 771 SF retail building, on a ±20, 851 SF lot. A NEW 10-Year NNN Lease will commence at COE with a $288, 088 Year-1 NOI (5.89% CAP RATE) and two Five-Year options to renew. Recent improvements consist of roof replacement.
- Property TypeCommercial
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID NumberOC24099140
- Home Size Source Assessor
- Year Built1967
- Lot Size0.47 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickConcrete
- Parking Spaces 9
- Number of Stories 1
- Acreage 0.47
- Water Public
- Security Automatic GateSecurity LightsSecurity System
- Property Sub Type Retail
- Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPhone AvailablePhone ConnectedWater AvailableWater Connected
- Zoning ARC2D
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Central
- Laundry Features None
Exterior Features
- Fencing Brick
- Lot 0-1 Unit/ Acre
Community Features
- MLS Area 605 - Arcadia
- Security Features Automatic GateSecurity LightsSecurity System