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Day Care Center Investment
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805 Rodman Avenue, Portsmouth, VA 23707

Well-maintained day care investment with a current tenant in place and 3,060 sf.

Property Size3,060 SF
Days on Market123

Property Features for 805 Rodman Avenue

General Information

Standard status Active
Size 3,060 SF
Property subtype Retail

Additional Details

Cap Rate 9%

Building Details

Tenancy Single
Listing Agency: Exit Realty Central
Listed By: Tim Churchwell CCIM · License #VA
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 20 at 6:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Central

Investment Insights

Based on property information with market context.

This well-maintained day care center is offered as an investment property with a current daycare tenant in place. The property is described as yielding over a 9% CAP rate, and the tenant is noted to have a great payment history. The offering includes 3,060 square feet.

The site is located near Maryview Hospital and a new Kroger development, positioning the property within a commercial area with nearby healthcare and retail activity.

Please do not disturb the tenant.

Key Highlights

  • Well‑maintained 3,060 SF daycare investment property
  • Current daycare tenant in place with great payment history
  • Reported to be yielding over a 9% CAP rate

Property Analytics

Current Use

Day care centers

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Parking Lot & Garage Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

884
Businesses Nearby
Balanced
Demand for This Use

Demographics for 23707, VA

14,316
Population
7,216
Households
2
Avg Household Size
36
Median Age
26%
College-Educated
87%
High-School Grad
3.9 sq mi
ZIP Area
3,671
Density / Sq Mi
$51,070
Median Household Income
$37,932
Median Earnings
$1,076
Median Rent
$222,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Green Gables Daycare 2010 Darden Terrace, Portsmouth, VA 23701
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  • Mt Hermon Pre-School Center 3000 North St, Portsmouth, VA 23707
  • Gifted Minds Academy 3500 King St, Portsmouth, VA 23707
  • JumpStart Creative Child Development Center 3737 High St, Portsmouth, VA 23707

Frequently Asked Questions

What type of property is this?
Day care center - Well-maintained day care investment with a current tenant in place and 3,060 sf.
Where is this day care center located?
The property is located at 805 Rodman Avenue Portsmouth, VA.
What are key features of this property?
This property features: Well‑maintained 3,060 SF daycare investment property; Current daycare tenant in place with great payment history; Reported to be yielding over a 9% CAP rate
More about this property
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