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23902104
23902105

7666 Wallace Road, Orlando, FL 3281932819

CM
SC 99847
Sands Investment Group Los Angeles
AS
CA CA 01925644
Sands Investment Group Los Angeles
AA
FL #BK3369953, GA GA 311619 (+2)
Sands Investment Group
Sands Investment Group Charleston
Listed by Sands Investment Group Los Angeles, Sands Investment Group, Sands Investment Group Charleston
$4,622,222
357 days on market
Updated 35 days ago

The Children's Courtyard - Orlando, FL

Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 15,437
Cap Rate 6.75%
NOI $312,000
Occupancy 100%
Tenancy Single
Brand/Tenant The Children's Courtyard
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/30/2036
Remaining Term 10.5
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $299
Year Built 2001
Acreage 1.690
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/19/2021

FL The Children's Courtyard For Sale | 11.5 Year Term | 6.75% Cap

Marketing description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 15,437 The Children's Courtyard Located at 7666 Wallace Rd in Orlando, FL. This Deal is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities - 11.5 Years of Term Remaining, Providing For a Secure Investment.

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Investment highlights

  • This Asset is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities - 11.5 Years of Term Remaining

  • Corporately Backed By Learning Care Group, Inc., Which is the 2nd Largest For-Profit Childcare Company in North America and a Leader in Early Education, With a Network of Over 1,150 Locations in the Country, With a Capacity For Over 156,000 Students and 11+ Brands

  • 8+ Feeder Elementary Schools Within a 5-Mile Radius: Dr. Phillips Elementary School, Sand Lake Elementary School, Palm Lake Elementary School, Bay Meadows Elementary School, Holy Family Catholic School, Orlando Jewish Day School, Orlando Torah Academy, And Muslim Academy Of Greater Orlando

  • Total Consumer Spending on Education and Daycare Exceeds $144 Million Annually Within a 5-Mile Radius of This Location, and Average Household Income Exceeds $144,124 Within a 1-Mile Radius of This Location

  • Ideally Located Just Off Wallace Rd, Which Sees Over 13,090 VPD

  • The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years Due to the Rising Population of Young Children as Well as the Societal Shift That Has Sent More Parents Into the Workforce

Listing Contacts

CM
SC 99847
Sands Investment Group Los Angeles
AS
CA CA 01925644
Sands Investment Group Los Angeles
AA
FL #BK3369953, GA GA 311619 (+2)
Sands Investment Group
Sands Investment Group Charleston
Listed by Sands Investment Group Los Angeles, Sands Investment Group, Sands Investment Group Charleston

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$312,000.00
$26,000.00/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

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Additional Information

Name
Andrew Ackerman
License
FL #BK3369953
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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