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3675 Riverdale Rd, Memphis, TN 38118

$1,200,000 - 15.47% CAP
  • 3675 Riverdale Rd, Memphis, TN 38118 Main Photo

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Featured Listing New to the Market Active
MLS#189089996
STATUS PROPERTY TYPECommercial - Retail

Property Description

Turnkey Income-Producing Daycare | 15.5% CAP Rate | Memphis, TN

Exceptional opportunity to acquire an income-producing, fully operational daycare facility and business at 3675 Riverdale Road in Memphis, Tennessee. Offered at $1,200,000 with a 15.5% CAP Rate, this investment provides an attractive combination of established income, real estate ownership, and a turnkey childcare operation.

The approximately 4,900 SF facility is currently operating as a daycare and is being offered with all furniture, fixtures and equipment (FF&E) included, allowing a new owner to step into an established operation with much of the infrastructure already in place. Revenue sources include private-pay tuition, Karamu, State of Tennessee, and Head Start program income.

The facility features a fenced playground and has benefited from numerous recent improvements, including new LVT flooring throughout, new interior paint, new hot water heaters, updated appliances, and new compressors on both HVAC systems.

In addition to the real estate and FF&E, the business sale includes the LLC, website, and social media accounts, providing a valuable foundation for continued operations and future growth. An engineering drawing is filed with the State of Tennessee, and the daycare currently has licensed teachers/director.

Conveniently located with easy access to I-385, this offering presents a compelling opportunity for an existing childcare operator looking to expand into the Memphis market, an owner/operator seeking an established daycare, or an investor looking for an income-producing commercial property with an operating business already in place.

3675 Riverdale Rd | MLS# 189089996

This commercial property located at 3675 Riverdale Rd, Memphis, TN 38118 is currently listed for sale by Crye-Leike Real Estate Services , with an asking price of $1,200,000 - 15.47% CAP. Search Memphis real estate on wesstone.crye-leike.com today.

Property Features

Property Type: Commercial - Retail
Lot Size: 0.62 Acres
Year Built: 1983

Feature Descriptions

Name Of Business: FingerTips Enrichment Center
Nearest Interchange: Winchester
Sewer: City
Sq. Ft. Per Floor: 4900
Total Usable Sq. Ft.: 4900
Water: City

Listed By / Shown By

Listed By

Agency Name: Crye-Leike Real Estate Services

agent picture

Shown By

Agent Name: Wes Stone
Agent Phone: (615) 289-9551

Source: Delta Media Group MLS

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