1013 N State Road 7 - Day Care Center FOR SALE


Royal Palm Beach, FL 33411- Outer Royal Palm Beach/Wellington
$4,565,000 USD
818-907-9525
1013 N State Road 7, Royal Palm Beach, FL for Sale
$4,565,000 USD
Day Care Center - FOR SALE
1/8
null | 6.65% Cap Rate

1013 N State Road 7
Royal Palm Beach, FL 33411
Outer Royal Palm Beach/Wellington


HIGHLIGHTS

  • LONG TERM PASSIVE NNN OPPORTUNITY: Minimal landlord responsibilities, roof & structure only
  • RENTAL ESCALATIONS: Annual scheduled increases of 2.5% or CPI, whichever is greater
  • STRONG STABLE EARLY EDUCATION TENANCY: O2B Kids is a proven and expanding industry leader in early education, with 76 locations nationwide
  • RECESSION-RESISTANT INDUSTRY: Steady enrollment through economic cycles, with a growing demand from rising number of dual-income households
  • ACCREDITED LOCATION: The center holds multiple accreditations, including APPLE (Accredited Professional Preschool Learning Environment)
  • PRIME ROYAL PALM BEACH LOCATION: Strategically situated on US-441, this center serves nearby neighborhoods with extremely high AHH (over $134,000)

OVERVIEW

O2B Kids! | Long Term, Corporate, Industry Leading Early Education Tenancy | Tax-Free State This offering presents a qualified buyer with the chance to acquire a long-term, passive NNN investment opportunity in an income tax-free state. The lease has 9+ years remaining on the base term and features built-in annual rental escalations, ensuring consistent income growth. The tenant, O2B Kids, is a fast growing, industry leading early education provider with 76 locations nationwide. The center is fully accredited, holding APPLE, NAC, and NECPA recognitions, further underscoring its quality and credibility. Strategically located in Royal Palm Beach, right off US-441, the property serves its affluent surrounding neighborhoods with average household incomes exceeding $134,000 within one mile from the subject site.

FOR SALE DETAILS

PRICE

$4,565,000 USD

PRICE/SF

$516 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

O2B Kids! Day Care & Education Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Storefront, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,319 SF

ZONING

CG

APN/PARCEL ID

72-41-43-25-22-000-0020

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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