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Views: 117 DOM: 391 Updated: 09.12.24 Posted: 08.24.23 Status: Active

Summary

Price $1,217,143
Built/Renov 1987/2000
Tenant Kid City USA
Cap Rate 7.00%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 3,731
Lease Start 07-03-2023
#Units 100
Price/SF $326.22
Expiration 07-03-2038
Tenant Type Daycare/Education
NOI $85,200
R. Term 13.9
Ownership Fee Simple
Rent/SF $21.87
Increases 2.0%/1/yrs
Pop 5Mi 18,944
Lot/AC 0.57
Options 2/5yrs/2%
AHHI 5Mi $86,653

Lease Highlights

  • Kid City USA has 13+ years remaining with 2 (5-year) options to extend
  • Lease features a 2% annual rental increase throughout the initial term and in each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee by Kid City USA Enterprises, Inc

Location Description

This 3,731 square foot Kid City USA is strategically located along North Sherman Avenue, just off of US Hwy 90 which sees over 11,800 vehicles per day. The site benefits from its close proximity to multiple elementary schools including Westside Elementary, Macclenny Elementary, J Franklin Keller Elementary and more providing a direct consumer base for the site to draw from. National/credit...

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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...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 1,854 13,199 19,982
2023 Total Population : 1,710 13,033 19,569
2023 Employed Civilian Pop : 666 5,740 8,876
2023 Total Businesses : 56 560 633
2023 Average Household Income : $ 81,923 $ 87,920 $ 90,711
2023 Total Consumer Spending : $ 45 M $ 346 M $ 522 M
2023 Median Age : 38 37 38
2023 Total Households : 636 4,495 6,585
2023 Pop Age 25+: Bachelor's Degree : 97 1,250 1,772
2023 Average Home Value : $ 218,624 $ 248,068 $ 264,567
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
Mt Vernon St Glenn Ave 2009 9,200 0.17 mi
Mt Vernon St Clinton Ave 2005 5,600 0.22 mi
East Mount Vernon Street Hilliard Ave 2021 10,900 0.25 mi
US Hwy 90 St Marys Dr 2018 11,300 1.00 mi
US 90 St Marys Dr 2021 12,100 1.02 mi
CR-125 Co Rd 125 2021 2,200 1.17 mi
I-10 WB Nursery Blvd 2021 800 1.18 mi
I-10 I- 10 2021 2,100 1.25 mi
CR-125 Co Rd 125 2021 250 1.25 mi
US Hwy 90 Owen Ave 2019 11,100 1.35 mi

Listing Broker

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