10274 N Sherman Ave - Day Care Center FOR SALE
Glen Saint Mary, FL 32040 |
$1,158,720 USD
813-379-2964
10274 N Sherman Ave
Glen Saint Mary, FL 32040
HIGHLIGHTS
- Long-Term Absolute NNN Lease With Corporate Guarantee
- Over 13 years remaining on original lease term with two 5-year renewal options, providing long-term stability and predictable cash flow.
- Absolute NNN lease structure with zero landlord responsibilities.
- Full corporate guarantee for entire lease term
- Built-In Rent Growth
- The lease features 2.00% annual rent escalations, delivering steady income growth and a strong hedge against inflation.
FOR SALE DETAILS
PRICE
$1,158,720 USD
PRICE/SF
$311 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kid City USA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1987
SPRINKLERS
-
PARKING SPACES
5
LAND DETAILS
LAND ACRES
0.57 AC
LAND SF
24,829 SF
ZONING
-
APN/PARCEL ID
36-2S-21-0051-0037-0100
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813-379-2964
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813-379-2964
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