$167,564
$310,000
45.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 07/27/2021
Key Details
Sold Price $167,564
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81855529
Sold Date 07/27/21
HOA Y/N No
Property Description
Licensed & Franchised Pre-School & After School Business for sal e in Santa Clara and Cupertino school district. Established in 2015. Hours of operation: Part Time Pre School and Pre K (9:00 am - 12:30 pm) After School (1:30 pm - 6:30 pm) PROPERTY HIGHLIGHTS High density neighborhood with Cupertino schools. The seller has put over $75k on the interiors & paid $50k in franchise fees. Five star yelp reviews! Long waiting list of kids looking to enroll. Reasonable rent and Triple Net charges of $7,000. Low Monthly rent : $3.5 per sqft for 2,000 sqft which includes Triple Net Charges Triple net charges include: Insurance and property tax, Electricity, Water, Fire Monitoring system, Gardening. Long term lease. PROPERTY DESCRIPTION The seller has spent over $75k in remodeling that includes Two new classrooms, Hardwood floor, 3 ADA bathrooms, Fire Monitoring system with announcer, 2 Hour rated firewall, Smart board and projector in both classrooms and Indoor Play area.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning NA
Interior
Fireplace No
Exterior
Total Parking Spaces 6
Others
Financing Seller Financing
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Bought with Ravi Jagtiani • Intero Real Estate Services
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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