For Sale
$600,000

12212 Fort King RdDade City, FL 33525

Thriving Daycare, Strong Cash Flow

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a 2,400 square foot commercial building located at 12212 Fort King Rd, Dade City, FL 33525. The property, situated on a 0.37-acre corner lot, boasts a highly visible location and ample parking with eight dedicated spaces. Currently operating as a fully leased and thriving daycare center, this single-story, concrete block building offers a consistent income stream. The building is zoned C1, allowing for diverse uses including retail, commercial, and office spaces. The existing daycare business provides a turnkey operation with a 100% occupancy rate under a gross lease agreement with a remaining term of three years, expiring December 31, 2027. The lease commenced January 1, 2023, and features a five-year term. Built in 1973, the building benefits from a partially new roof installed in 2023. The asking price is $600,000, representing an 8.00% cap rate. This property is ideal for investors seeking a low-maintenance, income-generating asset with significant upside potential due to the flexible zoning and strong existing tenant. The property's features include a single building, one story, and a Pasco County APN of 03-25-21-004A-00800-0010.

Highlights

  • Excellent, highly visible commercial building on a hard corner lot.
  • Turnkey daycare business and real estate included; C1 zoning allows for retail, commercial, or office uses.
  • Concrete block construction.

Property Details for 12212 Fort King Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
2,400 SF
Class
C
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Dade City
County
Pasco
State
Florida
Latitude
28.3355162
Longitude
-82.2036286
12212 Fort King Rd, Dade City, Florida

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12212 Fort King Rd
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