loader
Join Free
Views: 44 DOM: 169 Updated: 05.05.24 Posted: 11.30.23 Status: Active

Summary

Price $4,000,062
Built/Renov 2023
Tenant Kid City USA
Cap Rate 6.50%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 9,600
Lease Start 02-01-2024
#Units 100
Price/SF $416.67
Expiration 02-01-2039
Tenant Type Daycare/Education
NOI $260,004
R. Term 14.8
Ownership Fee Simple
Rent/SF $27.08
Increases 2.0%/1/yrs
Pop 5Mi 182,233
Lot/AC 2.20
Options 2/5yrs/2%
AHHI 5Mi $77,913

Lease Highlights

  • Brand-new 2023 build-to-suit construction
  • Kid City USA signed a new 15-year lease to commence February 2024 with 2 (5-year) renewal options
  • The lease features 2% annual rent increases throughout the primary term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease with no burn off

Location Description

Kid City USA is strategically located at the signalized, hard corner intersection of Fouraker Road & Old Middleburg Road, with a combined daily traffic count of 27,500 vehicles per day. Additionally, the property is in close proximity to Interstate 295, which has access to over 129,000 VPD. The site is surrounded by several middle-class neighborhoods and schools, including Gregory Drive...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Kid City USA
  • Guarantor:Corporate
  • Company:Kid City USA Enterprises, Inc
  • # Units:100
  • Stock:Private

About Tenant

Kid City USA Enterprises, Inc. is a franchise childcare brand that offers preschool, daycare, and extended before & after school programs. Kid City USA is committed to exceptional childcare and...


...

Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 13,150 81,053 183,408
2023 Total Population : 13,480 81,258 182,374
2023 Employed Civilian Pop : 7,237 39,685 91,112
2023 Total Businesses : 176 1,859 5,017
2023 Average Household Income : $ 70,395 $ 69,859 $ 77,902
2023 Total Consumer Spending : $ 300 M $ 1861 M $ 4792 M
2023 Median Age : 35 36 37
2023 Total Households : 4,868 30,517 70,659
2023 Pop Age 25+: Bachelor's Degree : 1,126 7,186 20,773
2023 Average Home Value : $ 188,356 $ 226,999 $ 264,415
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Fouraker Rd Old Middleburg Rd 2010 7,054 0.02 mi
Old Middleburg Road Susie St 2022 15,000 0.21 mi
Old Middleburg Road Steamboat Spring 2021 16,000 0.21 mi
Ricker Rd Old Middleburg Rd 2010 7,669 0.58 mi
Wilson Boulevard Wilson W 2022 8,700 0.61 mi
Fouraker Road Normandy Blvd 2022 11,500 0.74 mi
Fouraker Road Jaques Dr 2021 11,500 0.74 mi
Old Middleburg Rd Wilson Blvd 2009 8,400 0.83 mi
Wilson Blvd Debra Dr 2008 27,118 0.90 mi
Wilson Blvd 2022 5,100 0.93 mi

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

NEWSLETTER SIGN UP

Subscribe
my activity