$2,000,000
Active

2695 Azalea Garden Rd

Norfolk, VA 23513
Browse 19 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

This well-maintained daycare facility features a functional layout designed to accommodate classrooms, office space, and child-care services. The property includes multiple classrooms, an office area, and ample parking for members, staff, and visitors. Conveniently located near major roadways, it ensures easy access for the community.

Solid long-term lease in place with a performing tenant. Additional development may be possible.

Property Highlights:
- Prime Location: High-traffic area with easy access to I-64 and surrounding neighborhoods. 0.5 acre hard corner that has potential to be developed separately.
- Multiple Classrooms & Offices: Perfect for daycare operations or administrative use
- Ample Parking: On-site parking lot providing convenience for visitors and staff
- Established Daycare owner, with 11 years remaining on the lease
- Annual increases of 3.5% - 4.5%

  • Property Details
      • Property TypePurchase
      • Cost2000000
      • Square Feet7672
      • Acres1.6

Location

Brett Pyka Real Estate Agent
OR

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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