Kiddie Academy | Triple Net (NNN) Lease Investment
$3,250,000
2334 East Semoran Boulevard, Apopka, FL 32703
For Sale
Retail
Free Standing
Pending
Last Updated: 07/19/2021
6.23
Cap Rate
202,400
NOI
Details:
Cap Rate: 6.23%
NOI: $202,400
Building Size: 8,000 sqft
Lot Area: 0.927 acres
Lease Type: Triple Net
Year Built: 2017
Price Per Sqft: $406.25
Highlights:
- Highly Desirable Long-Term Lease With Approximately 12 Years Remaining
- Kiddie Academy is One of the Largest Childcare Providers in the Country With Over 265 Locations Nationally and a 40 Year Operating History
- The Operator at This Location is a Multi-Unit Operator Who Runs the Kiddie Academies of Apopka, Clermont, Hunters Creek, Orlando Conway, Oviedo and Winter Park, FL
- Great Visibility as Part of Piedmont Plaza, a 242,000 SF Shopping Center Anchored By Hobby Lobby, 24 Hour Fitness and Bealls
- $25.30/SF Annual Rent For a Newer Construction Facility
- $406.25/SF on Building Cost
- Nearby Feeder Elementary Schools Include: Lakeville, Wekiva, Clay Springs, Forest City, Bear Lake, Wheatley, Phillis Wheatly and Lovell
- Apopka is Part of the Orlando-Kissimmee-Sanford MSA Which Has a Population of Over 2.4 Million Residents; It is the Third Largest Metropolitan Area in Florida
- Located 30 Minutes North of Downtown Orlando and Just 45 Minutes to the Orlando International Airport
- Florida is a Tax-Free State
- Nearby Tenants Include: Petco, ALDI, VCA Piedmont Animal Hospital, Discount Tire, Ross, Five Below, Marshalls, Chase Banks, Mattress Firm, O’Reilly Auto Parts, AutoZone, Zaxby’s , Goodwill and More
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,000 SF Kiddie Academy Located at 2334 E Semoran Boulevard in Apopka, FL . This Opportunity Includes a Highly Desirable Long-Term Lease With Approximately 12 Years Remaining, Providing For a Great Investment.
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