Description
Excellent Preschool property with a long-term Triple Net Lease and a current cap rate of over 6.6%. Rent is below market so future returns should be higher. Corner lot in a residential neighborhood. Constructed in 2009, the property is centrally located in Fairfield which is growing rapidly with new homes and development.
$2,395,000
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0BEDS
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0.45ACRES
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0BATHS
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01/2 BATHS
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4,420SQFT
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$542$/SQFT
School Ratings & Info
Description
Excellent Preschool property with a long-term Triple Net Lease and a current cap rate of over 6.6%. Rent is below market so future returns should be higher. Corner lot in a residential neighborhood. Constructed in 2009, the property is centrally located in Fairfield which is growing rapidly with new homes and development.
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Listing courtesy of Zaheer Siddiqui of JPAR Iron Horse Real Estate: .