7501 Commonwealth Ave Buena Park, CA 90621
- Showrooms
- 0.60 lot acres
Current Use by Public Records
- Kiddie Academy of Buena Park / Day Care Center / After School Program
- Jumping Fun Kids Indoor Bounce House / Children'S Amusement Center
Property Details for 7501 Commonwealth Ave
- Lot size
- 0.60 lot acres
- Property type
- Showrooms
- APN
- 277-074-05
- APU
- 27707405
Description
This exceptional investment opportunity presents a newly constructed, 8,928-square-foot Kiddie Academy daycare center in Buena Park, California. Situated on a 0.77-acre lot at a high-traffic, signalized intersection, this property boasts exceptional visibility and convenient freeway access. The property features a brand-new 20-year absolute NNN lease with a highly successful franchisee, ensuring long-term stability and passive income. The lease includes 2% annual rent increases, minimizing risk and maximizing returns. The tenant is responsible for all operating expenses, including base rent, taxes, insurance, CAM charges, and building maintenance. Built in 1971 and extensively renovated in 2022, this daycare is fully occupied (100%) and generates a strong net operating income (NOI) of $440,000, representing a 5.35% cap rate. The lease offers four 5-year renewal options, providing further long-term security. This prime Orange County location benefits from a strong demographic profile, with over 642,286 residents within a 5-mile radius and an average household income exceeding $105,686. The asking price is $8,224,000. This is an ideal 1031 exchange opportunity for passive investors seeking a secure, high-performing asset in a desirable market. The property's location offers easy drop-off and pick-up for parents and children. This is a fully enrolled school with a waiting list, demonstrating strong demand and long-term tenant security.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,215,000
- 6.5%
- $3,495,000
- 7%
- $3,040,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,320,000
- Geo Method
- $3,455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,615,000
- Retail
- $3,630,000
- Mixed-Use
- $3,295,000
- Hospitality
- $3,420,000
- Educational
- $3,555,000
- Residential Income
- $3,705,000
- Energy
- $3,570,000
- Income-Based Land
- $3,460,000
- Food Service
- $4,115,000
Location Insight
- Map
- Local Demand
- City
- Buena Park
- County
- Orange
- State
- California
- Longitude
- -118.002
- Latitude
- 33.8702
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
