745 Lake Miriam Dr - Day Care Center FOR SALE
Lakeland, FL 33813 |
$6,267,000 USD
650-678-7200
745 Lake Miriam Dr
Lakeland, FL 33813
HIGHLIGHTS
- Brand-new 15-year lease featuring 2% annual rental increases
- Absolute NNN structure making this a truly “hands-off” investment
- Lease is guaranteed by tenant’s ultra high net worth founder (contact Agent for more details)
- Strong intrinsics – rent at $22/ft and price per foot of $332, Extremely large 4.31 acre lot
- Affluent parent demos – $110K average household incomes within a 1-mile radius of the subject property
- Just 7 minutes from Lake Miriam Square – a 200K+ SF shopping mall with major national retailers including Publix, Home Goods, McDonald’s, and Starbuck
FOR SALE DETAILS
PRICE
$6,267,000 USD
PRICE/SF
$378 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Nest Schools
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.31 AC
LAND SF
187,744 SF
ZONING
-
APN/PARCEL ID
07-29-07-278000-003802
ASK ABOUT THIS PROPERTY
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650-678-7200
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650-678-7200
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