$5,037,000 USD
561-427-6699
2830 Summer Brook St
Melbourne, FL 32935
Suburban Melbourne
HIGHLIGHTS
- New 15 year corporate lease demonstrates long-term commitment to this site
- Fee simple ownership allows for depreciation, boosting after tax returns
- Entrepreneur Magazine ranked TLE as the #1 child care franchise in the US where they operate over 600 locations
- Tenant self-maintains the parcel, pays taxes and insurance
- Fixed 8% increases every 5 years provide a hedge against inflation and consistent rent growth
- Florida has not state income tax and in 2022 ranked as the fastest growing state in the US
FOR SALE DETAILS
PRICE
$5,037,000 USD
PRICE/SF
$455 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience - 6.75% CAP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Day Care Center, Freestanding, Health Club
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.32 AC
LAND SF
101,059 SF
ZONING
C-2, Melbourne
APN/PARCEL ID
26-37-31-30-00000.0-0004.00
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561-427-6699
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561-427-6699
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