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Turn-key childcare daycare center Lexington 1896 Courtland Dr

1,850 SF Retail Building Lexington, KY 40505 £216,617 (£117/SF)

Investment Highlights

  • Location location location! Central to 3 elementary schools and 1 middle school inside New Circle Road
  • New LVP flooring
  • Circular driveway for safe drop offs

Executive Summary

One on-staff director will consider remaining under new ownership if terms can be negotiated. Business does not currently utilize meal subsidy but the program is available to use.

Property Facts Under Contract

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
1,850 SF
Building Class
C
Year Built
1965
Price
£216,617
Price Per SF
£117
Tenancy
Single
Number of Floors
1
Building FAR
0.22
Lot Size
0.20 AC
Zoning
R-1D - Business and/or Residential
Parking
5 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
90 ft on Courtland Dr

Amenities

  • Corner Lot
  • Storage Space
  • Air Conditioning

About 1896 Courtland Dr , Lexington, KY 40505

Turn-key opportunity. This working childcare daycare center has been in business since 1978 and is currently in good standing with state requirements and has a health department rating of 100. The clientele is established and generational. The location is walkable in a saturated residential area inside New Circle Road and within a mile of 5 schools. The sale includes the business, business name, business phone number, complete property and complete equipment inventory. An inventory list is coming. The building is 1,850sf with and office/receiving area, kitchen and laundry, 3 commodes, 3 large rooms and 1 small infant room. Flooring is new and roof is 15 years old. The playground is large and maintained. Safety features include a circular driveway off the main road for secure child drop-off and playground privacy fencing. An after-school-transport van can be included in the sale.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Kids and Kapers
  • -
  • 1,850 SF
  • -
  • Aug 2024
Tenant Industry SF OCCUPIED RENT/SF Lease End
Kids and Kapers - 1,850 SF - Aug 2024

Nearby Major Retailers

Rent-A-Center
Kroger
U.S. Bank
Chase Bank
StorageMart
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10579925
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£137,847
  • Listing ID: 31353825

  • Date on Market: 28/03/2024

  • Last Updated:

  • Address: 1896 Courtland Dr, Lexington, KY 40505

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