15708 W Colonial Dr - Freestanding FOR SALE


Winter Garden, FL 34787- Lake Apopka
$6,132,000 USD
415-231-5231
15708 W Colonial Dr, Winter Garden, FL for Sale
$6,132,000 USD
Freestanding - FOR SALE
1/9
null | 5.5% Cap Rate

15708 W Colonial Dr
Winter Garden, FL 34787
Lake Apopka


HIGHLIGHTS

  • 18.5 Years Remaining | Scheduled Rental Increases | New Construction | Established Operator | High Barrier to Entry
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Apartments
  • Located Along W. Colonial Dr | Florida Turnpike (112,000 VPD) | Excellent Visibility & Access | Goldfish Swim School
  • Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Kiddie Academy investment property located in Winter Garden, Florida. The tenant currently has 18.5 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Guaranteed by an established operator with 15 units, who was named the 2024 Entrepreneur Times Franchisee of the Year and was previously named Kiddie Academy’s Franchisee of the Year. The franchisee operates 8 units in the Orlando/Tampa Market, and there are currently more than 340 open Academies in the Kiddie Academy system, located in 40 states and Washington D.C., serving nearly 40,000 children.

FOR SALE DETAILS

PRICE

$6,132,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kiddie Academy | 18.5yrs Remain Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

General Commercial

APN/PARCEL ID

28-2227-0550-01-000

ASK ABOUT THIS PROPERTY

Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

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Jeff GatesSRS Real Estate PartnersMore Info
415-231-5231

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.