2612 Baldwin Avenue, Arcadia

$4,895,000

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0.47

Acres

Listing Agent
Joseph Lotfy - Berkshire Hathaway HomeService

About 2612 Baldwin Avenue

***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.

Features of 2612 Baldwin Avenue

MLS® # OC24099140
Price $4,895,000
Bathrooms 0.00
Acres 0.47
Year Built 1967
Type Commercial Sale
Sub-Type Retail
Status Active Under Contract

Community Information

Address 2612 Baldwin Avenue
Area 605 - Arcadia
City Arcadia
County Los Angeles
Zip Code 91007

Amenities

Utilities Cable Available, Electricity Available, Electricity Connected, Phone Available, Water Available, Water Connected, Cable Connected, Phone Connected
Parking Spaces 9
Is Waterfront No
Has Pool No

Interior

Heating Central
Cooling Central Air
Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Brick, Concrete
Lot Description 0-1 Unit/Acre
Construction Brick, Concrete

Additional Information

Date Listed May 6th, 2024
Days on Market 66
Zoning ARC2D
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentJoseph Lotfy
OfficeBerkshire Hathaway HomeService

Listing Map

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