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| Price $3,450,704 | Built/Renov 2007/2023 | Tenant Nest Schools |
| Cap Rate 7.10% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
9,740
| Lease Start
03-12-2021
| #Units
51
|
| Price/SF $354.28 | Expiration
03-31-2041
| Tenant Type Daycare/Education |
| NOI $245,000 | R. Term 16.4 | Ownership Fee Simple |
| Rent/SF
$25.15
| Increases 2.0%/1/yrs | Pop 5Mi 197,540 |
| Lot/AC 1.35 | Options 2/10yrs/2% | AHHI 5Mi $125,854 |
| | |
Nest Schools is strategically located on N State Street, with access to 23,506 vehicles passing by daily. The property is surrounded by well-known national tenants, including Home Depot, Kroger, Walgreens, and Market District Supermarket. Within a 5-mile radius, there are over 11 feeder elementary schools, including Wilder, Huber Ridge, Pointview, McVay, Cherrington, and Robert Frost, among...
...Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
Personal guarantee
The Nest Schools is a private early childhood education provider offering daycare, preschool, and kindergarten programs. The company is known for its proprietary "Nest Play" curriculum, which is...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
