Congregate Senior Housing For Sale • 5,400 SF
KW Huntington Beach proudly presents this Triple Net Commercial Investment property (Net Income $192,000; 7.38 cap rate) featuring an extraordinary 5,500 square feet freestanding building situated in the City of Hawthorne. The property offers an exceptional opportunity in a coveted location, with ample parking, and a recently completed high-end renovation. The property is currently occupied with a Triple Net tenant operating as a preschool/daycare with a conditional use permit in place, it allows for the operation of a school, preschool, or daycare of up to 150 students and 11 staff. Other uses such as yoga studio, dance school, MMA gym, physical therapist, personal training gym, religious institutions, etc. as well a wide range of professional services would also work well in the building. Prospective buyers are advised to verify approved uses and zoning with the City of Hawthorne.
Cap Rate: | 8.00 % |
Transit/Subway | Drive | Walk | Distance |
---|---|---|---|
Hawthorne Station (Green Line - Los Angeles County Metropolitan Transportation Authority (Metro)) | 4 min | 18 min | 0.9 mi |
Airport | Drive | Walk | Distance |
Los Angeles International | 8 min | - | 4.1 mi |
Long Beach (Daugherty Field) | 23 min | - | 17.2 mi |
Bob Hope | 37 min | - | 27.8 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 4 |
Type: | Surface |
Included in Rent: | Yes |