Building 1: Built 1961, +/- 4734SF, Approximately 8’ ceiling height
Building 2: Built 2017, +/-5836SF, Approximately 13’ ceiling height
Building 1+2: +/-10,570SF
Lot Size: +/-39,322SF
Parking: 23 Spaces
Zoning: “CP” Commercial Pedestrian
CUP: Daycare, existing Montessori Preschool 18months-6years old.
Total Student Capacity: 171 students (Both Building 1 and 2)
Passed Environmental Phase 1, Water, Fire, Lead based paint, and more.
408.421.3343
408.420.3368 |
Bundled turn-key profitable with realistic potential additional upside; business and property for sale. This well-established daycare is located in a prime location in West San Jose/Cupertino. High traffic area surrounded by affluent neighborhood and many local conveniences and brand name amenities. This property includes (2) buildings (built 1961 and 2017) with a total of 10,570 square feet (4734SF+5836SF) and on a 39,322 square foot lot. The daycare has a max capacity of 171 students and offers a variety of programs and services, including full-time and part time care, early childhood education, and summer camp. Both buildings had gone thru upgrades and has passed inspections. This is a great opportunity for an established owner-user or operator who’s looking for a smooth transition to expand their footprint and own a piece of prime real estate in Silicon Valley. Please do not disturb occupant, showing by appointments only.
The follow ng assumptions were used for this scenario and can be modif ed if there are any specific va ues you would like to use
Bank rate, terms and fees are estimates and vary depending on ender.
SBA fee s 2 15% of the SBA loan amount plus a $2 500 attorney flat fee and $1,000 documentation fee These fees are financed
The current SBA rate is used here. Actual rate is set at debenture sa e at t me of fund ng.
A l costs and expenses are estimates This breakdown does NOT inc ude Title & Escrow Clos ng Costs wh ch are additional Out of Pocket Costs
Bank Fees are estimated at 75% of bank oan amount
Insurance & Property Tax estimated at 1.3% of purchase price.
Effect ve cost of ownersh p is Total Monthly Payment less annua Principal paydown
90% Financing
Down Payment 15%
For more informationcontact:
Claudia Cohen
Capital Access Group
SVP / Director of Marketing
415-217-7604
ccohen@capitalaccess.com
SBA (2nd)* 39%
150 California Street, Su te 250 | San Francisco CA 94111 te 415 217 7600 fax 415 217 7610 web CAPITALACCESS.COM
Bank (1st) 46%
The property will be shown by appointment only.
The information contained in the following Offering Memorandum is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Keller Williams Commercial and should not be made available to any other person or entity without the consent of Keller Williams Commercial. This information has been prepared to provide summary and information to prospective purchasers, for the solicitation of interest and is not an offer to sell the property. Only a fully executed Real Estate Purchase Agreement shall bind the property. The information provided herein is deemed to be accurate and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation by a prospective party Keller Williams Commercial and its affiliates have not made any independent investigation, and make no warranty or representation, with respect to the future or present use and/or zoning of the subject property, the future projected financial performance of the property, the size measurements or boundaries of the property and improvements compliance or ADA related issues, the presence or absence of contaminating or hazardous substances, PCB s or asbestos, the compliance with State, Federal, County or municipal law, nor the physical condition of the improvements thereon. The information contained in this Offering Memorandum has been obtained from sources believed to be reliable; however, Keller Williams Commercial has not verified, and will not verify, any of the information contained herein, nor has Keller Williams Commercial conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. The prospective purchaser is advised and agrees to make its own investigation and determination regarding all matters affecting the value, condition, utility size, compliance with Laws, and all aspects of the property’s desirability and suitability for purchasers intentions. The information contained herein is subject to change without notice and the recipient of these materials shall not look to the Owner or the Keller Williams Commercial or any of their officers, employees, representatives, independent contractors, or affiliates for the accuracy or completeness thereof.
