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The Nest Schools

$6,267,000

745 Lake Miriam Drive, Lakeland, FL 33813

Active
Last Updated: 01/31/2025

6.75

Cap Rate

422,994

NOI

Details:
Cap Rate:    6.75%
NOI:    $422,994
Building Size:    18,850 sqft
Lot Area:    4.31 acres
Lease Type:    Absolute Net
Year Last Renovated:    2022
Highlights:
  • Brand-new 15-year lease featuring 2% annual rental increases
  • Absolute NNN structure making this a truly “hands-off” investment
  • Lease is guaranteed by tenant’s ultra high net worth founder (contact Agent for more details)
  • Strong intrinsics – rent at $22/ft and price per foot of $332
  • Extremely large 4.31 acre lot
  • Affluent parent demos – $110K average household incomes within a 1-mile radius of the subject property
  • Just 7 minutes from Lake Miriam Square – a 200K+ SF shopping mall with major national retailers including Publix, Home Goods, McDonald’s, and Starbucks
Description:

A 15-year absolute NNN Nest School featuring 2% annual rental increases and backed by an ultra high net worth guarantor. Numerous factors provide great intrinsic value for any potential investor – replaceable rent ($22/foot), large lot size (4.31 acres), and low price per foot ($332).

Map:
Documents:
Title
TheNestSchools_LakelandFL.pdf
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Location
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