$6,967,489 USD
332-345-4222
HIGHLIGHTS
- Long-Term Absolute Triple Net (NNN) Lease | This lease began on 12/22/2022 and has more than 17 years remaining
- Advantageous Rental Increases| The lease is subject to 2% annual rental increases, driving the NOI to over 40% growth throughout the remaining 17+ yrs
- This Site is a Top Performer Nationwide | The subject property stands out as one of the top performers among all Primrose Schools nationwide
OVERVIEW
NNN Pro is pleased to present the exclusive listing for a Primrose Schools located at 10301 Cross Creek Boulevard, Tampa, Florida 33647. The site consists of roughly 11569 rentable square feet of building space on an estimated 1.48-acre parcel of land. This Primrose Schools is subject to a 20-year Triple Net (NNN) lease, which commenced 12/22/2022. The current annual rent is $463,338 and has scheduled increases of 2.00% Annually.
FOR SALE DETAILS
PRICE
$6,967,489 USD
PRICE/SF
$602 USD /SF
CAP RATE
6.65%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Primrose Schools
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
1.48 AC
LAND SF
64,469 SF
ZONING
PD-MU
APN/PARCEL ID
U-09-27-20-ZZZ-000001-89190.1
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332-345-4222
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332-345-4222
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