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22813957
22813981

522 NW Turner Ave, Lake City, FL 32055

SA
FL SL3476286
Bosshardt Realty Services
EL
FL 3086548
Bosshardt Realty Services
Listed by Bosshardt Realty Services
$2,325,000
269 days on market
Updated 31 days ago

Net Leased - Kid City USA - Lake City

Details
APN 333S1602440007
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 7,110
Units 1
Cap Rate 7.74%
NOI $180,000
Occupancy 100%
Tenancy Single
Brand/Tenant kid city usa
Lease Type Absolute NNN
Lease Expiration 08/18/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options Two 5 year options to renew
Price per SqFt $331
Price Per Acre $1,113,744
Broker Co-Op Yes
Class B
Year Built 2002
Buildings 1
Stories 1
Acreage 2.110
Zoning RSF-2
Investment Type Net Lease
Tenant Credit Franchisee, Corporate Guarantee
Lease Commencement 08/18/2025

Retail | 7.74% CAP | 7,110 SqFt

Marketing description

Located in a prime residential area west of I-75 on State Road 90 in the rapidly growing community of Lake City, Florida’s “Gateway”. This 2002-built concrete block daycare facility is secured by a corporate-backed 15-year Triple Net (NNN) lease with Kid City USA, with zero landlord responsibilities. Kid City is a nationally recognized childcare provider with over 20 years in business and 120+ locations. The 7,100± SF property features a new roof (2023), efficient HVAC systems (Two replaced in 2025), hurricane-rated construction. Just one hour from Jacksonville International Airport and Gainesville Regional Airport. Lake City benefits from strong demographics, 90,000+ daily interstate travelers, and Florida’s income tax-free business environment, offering investors a stable, long-term opportunity.

Investment highlights

Corporate backed Guarantee

15 Year NNN Lease with two 5 year options to renew

Kidcityusa.com

https://my.matterport.com/show/?m=kDveWpqRAWh

Listing Contacts

SA
FL SL3476286
Bosshardt Realty Services
EL
FL 3086548
Bosshardt Realty Services
Listed by Bosshardt Realty Services

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
7.74%
Cap Rate
7.74%
ROI

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Additional Information

Name
Sage Alfonso
License
SL3476286
Name
Eric Ligman
License
3086548
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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