Description
MLS# 284669 Cash flows $173,438 annually, with 3% annual increases. See associated docs Property is Occupied by Candy Mountain Academy, a program funded by ESD 123, this property serves as a supportive learning environment for students in kindergarten through 12th grade. The Academy offers an alternative educational setting focused on early learning subjects and fostering connections within the early learning community.Over $700,000 in improvements have been made to support the program, including new windows, HVAC units, a roof, interior and exterior doors, LED lighting, a secured entry, a fire sprinkler system, and fresh interior and exterior paint. These upgrades make the facility a secure, attractive, and long-term investment opportunity.The tenant has signed a 10-year absolute triple net (NNN) lease with two 5-year renewal options. The lease includes 3% annual rent increases, offering investors a steadily compounding return.Dont miss out on this opportunity to secure a reliable income stream.Note: Listing agents are also owners of the property.
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0BEDS
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0.55ACRES
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0BATHS
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01/2 BATHS
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8,100SQFT
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$358$/SQFT
School Ratings & Info
Description
MLS# 284669 Cash flows $173,438 annually, with 3% annual increases. See associated docs Property is Occupied by Candy Mountain Academy, a program funded by ESD 123, this property serves as a supportive learning environment for students in kindergarten through 12th grade. The Academy offers an alternative educational setting focused on early learning subjects and fostering connections within the early learning community.Over $700,000 in improvements have been made to support the program, including new windows, HVAC units, a roof, interior and exterior doors, LED lighting, a secured entry, a fire sprinkler system, and fresh interior and exterior paint. These upgrades make the facility a secure, attractive, and long-term investment opportunity.The tenant has signed a 10-year absolute triple net (NNN) lease with two 5-year renewal options. The lease includes 3% annual rent increases, offering investors a steadily compounding return.Dont miss out on this opportunity to secure a reliable income stream.Note: Listing agents are also owners of the property.
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