Turnkey Commercial Investment - An excellent opportunity to acquire a fully leased commercial asset with a secure, long-term tenant and a strong return on investment. This 4,400 sq. ft. building has been home to a licensed daycare since 2012 and is now under a brand new 10-year Triple Net (NNN) lease. The lease commenced in 2024 at a rate of $19.92 per square foot and offers reliable, stable cash flow backed by a long-standing operator with deep roots in the community. This investment delivers a solid 10.69% capitalization rate, providing excellent returns and long-term security. This is a rare opportunity to invest in a low-maintenance, income-producing property with minimal risk and consistent performance, ideal for both seasoned investors and those looking to add a dependable asset to their portfolio. * PREC - Personal Real Estate Corporation (id:27476)
