Kid City USA | Triple Net (NNN) Lease
$1,520,000
1806 Edwina Drive, Vidalia, GA 30474
For Sale
Special Purpose
Active
Last Updated: 10/11/2022
6
Cap Rate
91,200
NOI
Details:
Cap Rate: 6%
NOI: $91,200
Building Size: 5,380 sqft
Lot Area: 0.92 acres
Year Built: 1987
Price Per Sqft: $282.53
Roof & Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs & Maintenance: Tenant’s Responsibility
Highlights:
- Brand New 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibility
- Corporate and Personal Guarantee
- Kid City USA Has Been in Business For More Than 20 Years With Over 100 Locations; They Are Rapidly Expanding Due to the Quality of Their Programs
- Residents are Making an Average Household Income of $56,854 Within a 5-Mile Radius
- Vidalia’s Largest Industry is Agriculture and is Well Known For Their Vidalia Sweet Onions Since 1931; The Vidalia Onion is the Official State Vegetable
- Each Spring, Vidalia is Host to the World Famous Vidalia Onion Festival; Tourists From All Around Come to Enjoy a Pageant, Softball Tournament, Culinary Extravaganza, Parade, Live Music, a Carnival, Arts & Crafts and an “Onion” Run
- Minutes From the Vidalia Onion Museum, Meadows Regional Medical Center and the Southeastern Technical College
- Vidalia is Equidistant Between Macon and Savannah GA – About 1.5 Hours in Either Direction
- Nearby Tenants Include: McDonald’s, Sonic, Starbucks, Tractor Supply, Chick-fil-A, Walmart Supercenter, Dollar Tree, Lowe’s and O’Reilly Auto Parts
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,380 SF Kid City USA Located in Vidalia, GA. This Deal Includes a Brand New 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibility, Providing For a Secure Investment.
Documents:
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Offering Memorandum
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