10011 Westpark Preserve Blvd - Freestanding FOR SALE
Tampa, FL 33625 |
$6,672,000 USD
561-427-6699
10011 Westpark Preserve Blvd
Tampa, FL 33625
HIGHLIGHTS
- Rare 20 Year Absolute Net lease with Amazing Explorers Academy, one of the fastest growing early childhood education centers in the nation
- Corporate guarantee as well as personal guarantees from 4 experienced franchisees including the founders and franchisors (combined net worth of $50+ m
- Amazing Explorers Academy currently operates 27 schools in Florida, Texas, North Carolina and New York and has 25+ locations in development
- Absolute Net Lease provides completely passive ownership and stable cash flow
- 10% rent increases every 5 years provide hedge against inflation and a 7.54% average return over the initial lease term
- Fee simple ownership allows for depreciation of the building boosting after tax returns
FOR SALE DETAILS
PRICE
$6,672,000 USD
PRICE/SF
$551 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Day Care Center, Storefront Retail/Office, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2022
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.72 AC
LAND SF
74,876 SF
ZONING
PD
APN/PARCEL ID
U-13-28-17-B9U-000000-00001.0
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561-427-6699
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561-427-6699
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