3245 EXECUTIVE DR St Petersburg FL 33762-5603

Current Real Estate Advisors is pleased to present the opportunity to acquire Harbor View Creative Learning Center (the “Property”), a ±6,300 SF freestanding building located on a 26,763 SF (0.61 Acre) parcel in Clearwater, FL. The site is leased to an early childhood academic operator – Once Upon a Childcare – on an Absolute NNN Lease with 8+ years remaining. The Lease calls for annual increases of 3% as well as 2, 5-Year options.

The property was constructed as a build-to-suit to serve as a childcare facility. It was then extensively renovated in 2022, when Once Upon a Childcare took the space, to specifically serve the needs of the operator as they continue their expansion throughout Florida.

Located across the street from Raymond James’ Global HQ & Foot Locker’s new US HQ, the Property is strategically located within a dense residential and professional community in the Tampa-St. Petersburg-Clearwater MSA – one of the fastest growing MSAs in the country. Its centralized location is ideal for an early childhood care operation. The MSA is ranked #5 for Best Place for Young Families in Florida. Further, Clearwater has experienced an average of 11.3% population growth over the past 5 years.

Harbor View Creative Learning Center is a perfect fit for an investor looking for a steady, stable income stream with no Landlord responsibilities and solid underlying real estate fundamentals.

• Desirable Location Dynamics - Located right off I-275, blocks from the St. Pete-Clearwater International Airport, at the intersection of Ulmerton Road (58,000+ VPD) and Roosevelt Blvd N (51,500+ VPD), providing seamless connection to downtown Clearwater, Tampa and St. Petersburg

• True Passive Income - Long-term Absolute NNN Lease (No Landlord Responsibilities) with a proven operator, who is based in the immediate area and operates this as their flagship location (including Personal Guaranty)

• Established Submarket - Immediately surrounded by a thriving residential community, professional office hub for major corporations, and a prospering retail corridor with national and regional businesses

• Strong Operational Metrics - This location is in high demand, operating at full enrollment with a waitlist for entry, providing proof of concept and strong demand within the area

Opportunity to acquire the 100% fee simple interest in the commercial property located at 3245 Executive Dr in Clearwater FL (the “Property”). The Property consists of a 6,300 SF building situated on a large parcel of land. The build-to-suit Property was constructed in 1998 for the specific childcare facility needs of the operator. After acquiring the property the ownership completely renovated the building to meet the needs of the existing tenant. The Tenant has 11 years lease term remaining, featuring annual 3.0% increases. The Property is located within one of the fastest MSA’s in the country. Ranked #2 for Best Place for Young Families in Florida. Clearwater has experienced an average of 11.3% population growth over the past 5 years with this number expected to continue into the future. The central location is ideal for a daycare operation. Over the next five years, tremendous population growth projected - 14.91% projected growth within 3-mile radius Harbor View Creative Learning Center is a North Carolina based leading provider of high-quality childcare and afterschool programs. Their program is designed to nurture and stimulate growth in the development of each child in a safe and secure environment. They have programs developed for infants of six weeks old to children in kindergarten. Just like the students, Harbor View Creative Learning Center is growing, and responding to the urgent need in America for high-quality childcare.

Absolute Net Children's Academy with 11 years remaining on the lease

High Income/High Growth submarket of Clearwater

Seasoned operator and proven location

3% Annual Increases with Two (2) - 5 year options

Zero Landlord Responsibilities

Located in Clearwater - Ranked #2 for Best Place for Young Families in FL