The property is fully leased to Mother’s Love Childcare, Inc. through February 1, 2022.
The tenant operates a full-service Day Care Facility. This investment is an 8% CAP rate based upon current Lease Agreement. Property is zoned PUD2 – Planned Unit Development District and is conveniently in close proximity to the St. Cloud Hospital, St. Cloud Technical College, and the St. Cloud Area Family YMCA.
Address: 1520 24th Avenue North
Town/Suburb/City: St. Cloud
Postal code/ZIP: 56301
Asking Price: $799,000.00
Square Footage: 7,300