45690 Highway 27 - Day Care Center FOR SALE
Davenport, FL 33897 |
$5,470,000 USD
630-464-5009
45690 Highway 27
Davenport, FL 33897
HIGHLIGHTS
- RARE LONG TERM CORPORATELY OPERATED LEASE | Brand new and 20-year lease with minimal landlord obligations.
- RENT INCREASES THROUGHOUT TERM AND RENEWAL OPTIONS | 8% rent increase every 5 years including each renewal option.
- AFFLUENT AND STRONG DEMOGRAPHICS | 3-mile average household income of approximately $89,000 and population count over 30,000.
- RECORD BREAKING PRE-ENROLLMENT | This location experienced record pre-enrollment activity. According to TLE, 162 students enrolled prior to opening.
- BRAND NEW CONSTRUCTION | Center opened in April of 2024 using TLE’s latest prototype.
- HEAVILY TRAVELED ARTERY | Over 57,000 vehicles per day travel past this location on US-27.
FOR SALE DETAILS
PRICE
$5,470,000 USD
PRICE/SF
$547 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience - Davenport, FL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.25 AC
LAND SF
54,450 SF
ZONING
C
APN/PARCEL ID
26-26-01-488301-000080
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630-464-5009
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630-464-5009
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