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Davenport, FL - The Learning Experience

$5,591,000

45690 U.S. Highway 27, Davenport, FL 33897

Active
Last Updated: 04/25/2025

6.85

Cap Rate

383,000

NOI

Details:
Cap Rate:    6.85%
NOI:    $383,000
Building Size:    10,000 sqft
Lot Area:    1.25 acres
Year Built:    2024
Zoning:    Commercial
Floors:    1
Description:

• The tenant has 19 years remaining on an original 20-year lease with 2 (5-year) options to extend
• The lease features 8% rental increases every 5 years throughout the initial term and at the beginning of each option to extend
• The Learning Experience is the nation’s fastest-growing Academy of Early Education for children ages six weeks to six years old, with more than 600 centers open and a new location opening every week
• Unlike most daycares, this daycare was strategically constructed with adaptive re-use potential and can host a wide range of tenancies if needed in the future

• Fronting US Hwy 27 (59,000 VPD) and part of a larger development that features Tire Plus, Waters Car Wash, Sherwin-Williams, CubeSmart Self Storage, and more
• Just South of Champions Gate, Orlando’s premier tourist and commercial destination that encompasses 1,500 acres Southwest of The Walt Disney World Resort
• Champions Gate will boast over 5,000 homes, 54 holes of golf, multiple resorts, schools, and more
• Just South of the newly built Laurel Estates, which will provide a consumer base from which to draw
• Less than 2.5 miles North off I-4 (142,500 VPD), allowing users to benefit from on/off ramp access to the site and surrounding Orlando MSA trade areas

Map:
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