2830 Summer Brook St - Day Care Center FOR SALE
Melbourne, FL 32935 |
2830 Summer Brook St
Melbourne, FL 32935
HIGHLIGHTS
- New 15 year corporate lease demonstrates long-term commitment to this site
- Fee simple ownership allows for depreciation, boosting after tax returns
- Entrepreneur Magazine ranked TLE as the #1 child care franchise in the US where they operate over 600 locations
- Tenant self-maintains the parcel, pays taxes and insurance
- Fixed 8% increases every 5 years provide a hedge against inflation and consistent rent growth
- Florida has not state income tax and in 2022 ranked as the fastest growing state in the US
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
The Learning Experience - 6.75% CAP
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Health Club
TOTAL BUILDING SIZE
10000
STORIES
1
YEAR BUILT
2024
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
26-37-31-30-00000.0-0004.00
