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26370336
26370338

7095 Co Rd 46A, Lake Mary, FL 32746 For Sale

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa
$5,081,000
338 days on market
Updated 67 days ago

The Learning Experience - Lake Mary (Orlando) FL

Details
Property Type Retail
Sub Type Day Care/Nursery
Net Rentable (SqFt) 11,100
Cap Rate 6.25%
NOI $317,552
Occupancy 100%
Tenancy Single
Brand/Tenant The Learning Experience
Lease Type NN
Lease Term 20
Lease Expiration 07/31/2032
Remaining Term 6
Rent Bumps Yes
Lease Options 1 (5-Year)
Broker Co-Op Yes
Year Built 2010
Year Renovated 2012
Buildings 1
Stories 1
Acreage 1.310
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 07/31/2012
Ground Lease No
Ownership Fee Simple (Land & Building)
Sale Condition 1031 exchange

Off Interstate 4 (165,500 VPD) | Upcoming 2027 Rental Increase | AHHI Exceeds $127,850 Within 1-Mile

Marketing description

Discover an exclusive investment opportunity in Lake Mary, Florida, with a property located at 7095 County Road 46A. Boasting a prime location in the Orlando MSA, this single-tenant NN offering presents a top-performing investment with an average household income exceeding $135,000. The strategically located property features adaptive re-use buildings and high visibility, with an impressive daily traffic count of over 14,500 vehicles passing by. The property is leased to The Learning Experience, a reputable early childhood education brand, with 7+ years remaining on the lease term and built-in rental increases of 8% every five years. With a solid tenant in place and options to extend, this investment promises a secure income stream. The Learning Experience franchisee has been operating successfully on-site since 2012, reflecting the property's desirability and earning potential. Don't miss this chance to invest in a lucrative asset offering stability, growth, and a prime location within a high-demand market.

Investment highlights

Demographics In 5-Mile Trade Area | Six-Figure Incomes | Residential Consumer Base

  • More than 118,000 residents support the trade area

  • $135k+ HH incomes within 3-mile radius

  • 19 miles North of Orlando

  • Subject property is surrounding by several residential developments, providing a direct consumer base from which to draw

Fronting H E Thomas Jr. Parkway | Off Interstate 4 | Colonial Town Park | Dense Trade Area & Retail Development

  • The asset is ideally fronting H E Thomas Jr. Parkway averaging 16,100 VPD

  • Less than a mile West off Interstate 4 (170,500 VPD), allowing users to benefit from on/off ramp access to the site and surrounding Orlando trade areas

  • Adjacent to Colonial Town Park, a lifestyle center that features retailers such as Publix, Duffy’s, Walgreens, and more

    • The Publix ranks in the 88th percentile (148 out of 1,325) of all nationwide locations according to Placer.ai

  • Zero availability of adequately entitled and sized preschool commercial land sites exist within this submarket. This scarcity creates unprecedented existing value in the real estate while the barriers to entry for completion substantially contributes to the financial success of the Tenant’s operation

Listing Contacts

WW
FL SL3257920
SRS Real Estate Partners Tampa
PN
FL BK3120739, NC No. 281618
SRS Real Estate Partners Tampa
Listed by SRS Real Estate Partners Tampa

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$317,552.00
$26,462.67/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Patrick Nutt
License
FL License No. BK3120739
Title
Broker of Record
Brokerage Address
SRS Real Estate Partners-SOFLO LLC
Name
William Wamble
License
SL3257920
Name
Patrick Nutt
License
BK3120739
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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