The Learning Experience - Davenport, FL
10,000 SF | 100% Leased | Retail Building | Davenport, FL 33897 | $5,674,000 ($567/SF) | 6.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,674,000
- Property Type
-
Retail
- Square Feet
- 10,000 SF
- Price / Square Foot
- $567
Listing Contacts
Kevin Sadowski
Verified Profile
- Property Info
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Day Care Facility/Nursery
- Lot Size (sq. ft)
- 54,450 SF
Highlights
- LONG TERM LEASE | Brand new and rare 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.
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FAQ
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