Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Send me a copy

960 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

81-85 Cleremont Dr

5,610 SF Retail Building Fredericksburg, VA 22405 £1,566,600 (£279/SF) 5.35% Net Initial Yield

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Operating daycare with 70+ students
Plenty of outdoor space and parking with 1.3 acres

All furniture, fixtures, and equipment conveys

Executive Summary

Currently operating as a daycare with an enrollment of approximately 70 students, the daycare demonstrates a stable cash flow and operational efficiency, supported by a team of 13 dedicated staff members. Moreover, the property benefits from its proximity to Weis Market, serving as a shadow anchor and enhancing visibility and potential foot traffic. With the local population projected to grow by 3%, there exists significant potential for enrollment expansion and increased demand for childcare services in this rapidly developing area.

Main Building

Secondary Building

attachment (1)

Offering Memorandum

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

5,610 SF

Building Class

Year Built

1990

Price

£1,566,600

Price Per SF

£279

Net Initial Yield

5.35%

NOI

£83,813

Business Value

£274,155

Tenancy

Single

Number of Floors

Building FAR

0.10

Lot Size

1.31 AC

Zoning

SC - Commercial established to meet the needs of the immediate neighborhood. Light commercial, retail, office and professional services

Parking

21 Spaces (3.74 Spaces per 1,000 SF Leased)

About 81-85 Cleremont Dr , Fredericksburg, VA 22405

Situated in the burgeoning locale of Fredericksburg, VA, this offering presents a compelling investment prospect in the childcare sector. Comprising two buildings spread across 1.32 acres of land, the daycare facility boasts ample space and infrastructure to accommodate 112 students. The main building spans 3450 sqft, while the 2nd building provides 2,160 sq ft of space, ensuring sufficient capacity to meet the needs of a growing community. There are 30 dedicated parking spots, with room to add more. Both buildings have been renovated in the last 5 years.