For Sale
$1,749,998

Herndon Ave Fresno, CA 93650

Turnkey childcare center, high NOI.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional investment opportunity presents a turnkey, 4,960 square foot freestanding child care center in Fresno, CA. Boasting a 107-child license (77 daycare, 30 infant care), this established business enjoys a strong reputation within the community, requiring zero advertising. Located on a 0.81-acre lot fronting an arterial road, the property features two large gated playgrounds and a comprehensive video camera system. The current Net Operating Income (NOI) is $152,000, representing an 8.69% cap rate on the asking price of $1,749,998 ($352.82/sq ft). Financials are based on projected pro forma. The sale includes both the real estate and the thriving business, offering the potential for increased revenue and tuition. The property is designed for ease of operation, even as an absentee owner. This is a rare opportunity to acquire a profitable, well-established child care center with significant growth potential in a desirable location. The single-story building is well-maintained and ready for immediate operation.

Highlights

  • Turnkey child care center business and real estate included in sale.
  • 107-child license (77 daycare, 30 infant care).
  • $152,000 projected NOI, 8.69% cap rate.
  • 4,960 SF freestanding building on 0.81-acre lot.
  • Located on arterial road with two large gated playgrounds.
  • Established business requiring zero advertising.

Property Details for 0 Herndon Ave

Property type
Day care centers & nurseries, Retail properties
Square Feet
4,960 SF
Stories
1
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.8369409
Longitude
-119.8056358

FAQs

What type of property is this?
Day care center & nursery - Turnkey childcare center, high NOI.
Where is the day care center & nursery located?
The property is located at Herndon Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,749,998.
What are key features of this property?
This property features: Turnkey child care center business and real estate included in sale.; 107-child license (77 daycare, 30 infant care).; $152,000 projected NOI, 8.69% cap rate.
How can I contact the broker?
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0 Herndon Ave
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