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| Price $2,550,000 $2,695,000 | Built/Renov 2000 | Tenant Tutor Time |
| Cap Rate 7.06% 6.68% | Lease Type
NN+ | Guarantor Corp Rated |
| Size/SF
10,000
| Lease Start
04-01-2000
| #Units
200
|
| Price/SF $255.00 $269.50 | Expiration
06-30-2028
| Tenant Type Daycare/Education |
| NOI $180,076 | R. Term 3.2 | Ownership Fee Simple |
| Rent/SF
$18.01
| Increases 3.0%/3/yrs | Pop 5Mi 150,461 |
| Lot/AC 2.34 | Options 1/5yrs/3% | AHHI 5Mi $132,787 |
| | |
Tutor Time is strategically located on Plantation Center Drive, with access to 15,786 vehicles passing by daily. The property is conveniently situated near I-485, which sees 83,765 VPD, and is surrounded by well-known national tenants including Publix, Sport Clips, Domino's, Dunkin', Smoothie King, and more. The 5-mile trade area supports a population of 150,461 residents with an affluent...
...In location for years
Dense retail corridor
Near major nationals
Freeway close
Top 100 MSA
Strong demographics
Long operation history
Favorable NN+ lease
Corporate Guarantee
Credit rated company
Tutor Time was established in 1988 in Boca Raton, Florida. Today, there are 200 corporate and franchise schools throughout the United States, Hong Kong and Indonesia. Tutor Time is dedicated to...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 9,676 | 67,929 | 161,063 |
| 2024 Total Population : | 9,721 | 66,939 | 158,150 |
| 2024 Employed Civilian Pop : | 5,378 | 34,512 | 83,472 |
| 2024 Total Businesses : | 246 | 2,373 | 6,364 |
| 2024 Average Household Income : | $ 190,132 | $ 168,756 | $ 164,008 |
| 2024 Total Consumer Spending : | $ 521 M | $ 3540 M | $ 8467 M |
| 2024 Median Age : | 44 | 41 | 42 |
| 2024 Total Households : | 3,213 | 24,560 | 60,228 |
| 2024 Pop Age 25+: Bachelor's Degree : | 2,944 | 18,970 | 44,212 |
| 2024 Average Home Value : | $ 534,715 | $ 554,610 | $ 577,156 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 2019 | 81,000 | 0.16 mi | ||
| Colmar Ln | Glen Summit Dr | 2018 | 82,500 | 0.16 mi |
| Weddington Rd | Plantation Center Dr | 2014 | 15,000 | 0.22 mi |
| I- 485 | McKee Rd | 2016 | 80,000 | 0.23 mi |
| McKee Road | McKee Farm Ln | 2022 | 15,841 | 0.33 mi |
| Weddington Road | McKee Rd | 2022 | 14,803 | 0.34 mi |
| Winthorp Ridge Rd | Thornbush Ct | 2007 | 1,900 | 0.37 mi |
| Rosegate Ln | Plantation Rd | 2005 | 1,700 | 0.39 mi |
| Weddington Road | Fincher Meadows Ln | 2022 | 12,696 | 0.40 mi |
| McKee Rd | Darlington Rd | 2015 | 9,900 | 0.42 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
