Sale Leaseback Daycare Property In Dothan, AL!
Dothan, AL Houston County
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- RE: Sale Leaseback Daycare Property In Dothan, AL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $4,000,000 | |
| Annual Revenue: | $247,200 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1001921 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Property Highlights:
Property is 2.2 acres!
Building was constructed in 2019!Â
Seller will sign a 20-year absolute triple net lease! Buyer will not be responsible for anything!
Annual Rental Income is $247,200 and escalates by 3% every year!Â
Cap Rate is 6.18%!Â
The daycare only charges $185 per week for a student. They can afford the rent even with that low charge to their customers.
Geographic & Demographic details:
Local population is growing by 2.6% annually and median household income is $73K!
No competition in a 3-mile radius! There are 1,150 children under the age of 5 within the same 3-mile radius and 5,815 children under the age of 5 within a 7-mile radius!Â
Average traffic count of 8,120 vehicles passing by the location each day!
DoubleTree by Hilton, Baymont by Wyndham, Candlewood Suites, and Econo Lodge are hotels located nearby.
There are 8,359 households within a 3-mile radius! In addition, Highland Hills Apartments, Glen East Apartments, Grove at Westgate, Colony Square Apartments, and Dorchester Court Apartments serve the residential community in the area.Â
Emmanuel Christian School, Highlands Elementary School, Dothan City Schools, Harvest Christian School, and Troy University Dothan Campus are easily accessible from the property and collectively serve over 4,200 students and faculty!
Less than 2 hours from Columbus, GA and Montgomery, AL! 1 hour from Troy, AL!Â
Asking Price: $4M. Cap Rate is 6.18%!Â
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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