Price $5,580,000 | Built/Renov 2019 | Tenant Kiddie Academy |
Cap Rate 6.85% | Lease Type
NN+ | Guarantor Franchisee |
Size/SF
10,000
| Lease Start
11-24-2019
| #Units
339
|
Price/SF $558.00 | Expiration
11-30-2034
| Tenant Type Child Care |
NOI $382,035 | R. Term 10.11 | Ownership Fee Simple |
Rent/SF
$38.20
| Increases 2.0%/1/yrs | Pop 5Mi 299,039 |
Lot/AC 1.47 | Options 3/5yrs/2% | AHHI 5Mi $164,575 |
| |
This 10,000 square foot Kiddie Academy is situated on a 1.472 acre lot along Cost Road with access to 21,000 vehicles per day. The site benefits from its close proximity to Lawler Middle School (923 students), Cal and Walt Wester Middle School ( 791 students), and Centennial High School (2,092 students) further increasing consumer draw to the area. Neighboring national/credit tenants include...
...Oversized lot
Near major nationals
Strategically located
Highway close
Top 100 MSA
Strong demographics
Income tax free state
Long 10+ yr lease
Favorable NN+ lease
Annual rent increases
Kiddie Academy Educational Child Care is one of the leading childcare franchise providers in the United States. Kiddie Academy is a nationally recognized provider of comprehensive educational...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 20,460 | 131,174 | 353,657 |
2023 Total Population : | 17,617 | 118,984 | 332,086 |
2023 Employed Civilian Pop : | 9,259 | 62,882 | 175,705 |
2023 Total Businesses : | 248 | 2,867 | 11,084 |
2023 Average Household Income : | $ 205,356 | $ 168,253 | $ 163,966 |
2023 Total Consumer Spending : | $ 903 M | $ 5729 M | $ 16377 M |
2023 Median Age : | 35 | 35 | 35 |
2023 Total Households : | 5,228 | 40,287 | 118,281 |
2023 Pop Age 25+: Bachelor's Degree : | 4,045 | 29,720 | 85,609 |
2023 Average Home Value : | $ 569,169 | $ 518,506 | $ 506,522 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Rolater Rd | C G Rolater Rd | 2011 | 8,989 | 0.21 mi |
Coit Rd | Rosedown Ln | 2011 | 14,550 | 0.33 mi |
Canoe Rd | Milestone Ridge Dr | 2011 | 2,311 | 0.43 mi |
Rolater Rd | Independence Pkwy | 2011 | 5,176 | 0.59 mi |
Co Rd 66 | Ark Rd | 2011 | 8,952 | 0.60 mi |
College Pkwy | Ohio Dr | 2011 | 5,821 | 0.60 mi |
Rolater Rd | Handover Dr | 2011 | 9,908 | 0.73 mi |
Plantation Ln | Lockshire Dr | 2009 | 1,150 | 0.77 mi |
Coit Rd | Lynchburg Dr | 2011 | 17,979 | 0.81 mi |
Canoe Rd | Dock St | 2011 | 2,093 | 0.84 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]