loader
Join Free
Updated: 06.05.24 Posted: 07.20.23 Status: Sold

Summary

Price $1,907,586
Built/Renov 1975/2023
Tenant Kid City USA
Cap Rate 7.25%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 6,054
Lease Start 08-01-2023
#Units 100
Price/SF $315.10
Expiration 08-31-2038
Tenant Type Daycare/Education
NOI $120,000
R. Term 13.3
Ownership Fee Simple
Rent/SF $19.82
Increases 2.0%/1/yrs
Pop 5Mi 26,100
Lot/AC 0.61
Options 2/5yrs/2%
AHHI 5Mi $52,810

Lease Highlights

  • New 2023 renovations
  • Kid City USA recently signed a brand new 15-year lease with 2 (5-year) options to extend
  • Lease features a 2% annual rental increase throughout the initial term and during each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Kid City USA Enterprises, Inc

Location Description

This newly renovated Kid City USA is located at the hard corner intersection of SE Baya Drive and SE Eloise Avenue seeing over 10,900 vehicles per day. The site benefits from its location at the junction of two major highways in north Florida, I-75 and I-90, further increasing consumer traffic to the area. National/credit tenants in the area include Walmart Supercenter, The Home Depot, Lowe’s,...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Kid City USA
  • Guarantor:Corporate
  • Company:Kid City USA Enterprises, Inc
  • # Units:100
  • Stock:Private

About Tenant

Kid City USA Enterprises, Inc. is a franchise childcare brand that offers preschool, daycare, and extended before & after school programs. Kid City USA is committed to exceptional childcare and...


...

Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 4,579 17,562 27,262
2023 Total Population : 4,674 17,681 27,205
2023 Employed Civilian Pop : 1,703 7,465 11,300
2023 Total Businesses : 212 1,327 1,928
2023 Average Household Income : $ 54,506 $ 68,741 $ 72,473
2023 Total Consumer Spending : $ 88 M $ 426 M $ 695 M
2023 Median Age : 43 41 40
2023 Total Households : 1,837 7,026 10,866
2023 Pop Age 25+: Bachelor's Degree : 219 1,636 2,360
2023 Average Home Value : $ 196,588 $ 253,272 $ 245,504
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Southeast Baya Drive Hickory Ln 2019 14,700 0.16 mi
E Baya Ave S Craig Ave 2005 12,700 0.41 mi
FL 10A SE Allison Ct 2021 19,800 0.43 mi
E Baya Ave SE Ermine Ave 2005 18,300 0.49 mi
Southeast Baya Drive SE Ermine Ave 2018 14,200 0.53 mi
Southeast Country Club Road Arapahoe St 2021 1,900 0.54 mi
East Duval Street N James Ave 2021 8,400 0.55 mi
East Duval Street N Waldron St 2021 12,300 0.58 mi
Southeast Ermine Avenue SE Dade St 2021 1,300 0.59 mi
E Duval St N Avalon Ave 2005 10,000 0.65 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity