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| Price $4,250,000 | Built/Renov 2013 | Tenant Growing Room Preschool |
| Cap Rate 7.42% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
12,766
| Lease Start
11-20-2013
| #Units
11
|
| Price/SF $332.92 | Expiration
11-19-2033
| Tenant Type Daycare/Education |
| NOI $315,537 | R. Term 9.0 | Ownership Fee Simple |
| Rent/SF
$24.72
| Increases 10.0%/9/yrs | Pop 5Mi 83,615 |
| Lot/AC 1.20 | Options 1/5yrs/10% | AHHI 5Mi $146,808 |
| | |
Growing Room Preschool is strategically located on River Road West, with access to 75,000 vehicles passing by daily. The property is positioned directly across from The Rockwell, a 204-unit multifamily development, and opposite Homewood Suites. The immediate area boasts over 1 million square feet of retail space, including Solomon Pond Mall, which features well-known national tenants such as...
...Build to suit
Oversized lot
Near major nationals
Strategically located
Freeway visibility
Top 100 MSA
Affluent AHHI $100K 5 Mi
Absolute NNN
Limited competition
Personal guarantee
Growing Room Preschool is a chain of early childhood education centers offering comprehensive preschool programs and childcare services. They focus on nurturing children's development through...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 1,378 | 21,203 | 85,725 |
| 2024 Total Population : | 1,331 | 20,730 | 84,825 |
| 2024 Employed Civilian Pop : | 676 | 11,593 | 47,380 |
| 2024 Total Businesses : | 157 | 1,332 | 3,817 |
| 2024 Average Household Income : | $ 164,704 | $ 176,938 | $ 157,173 |
| 2024 Total Consumer Spending : | $ 66 M | $ 1185 M | $ 4426 M |
| 2024 Median Age : | 47 | 43 | 41 |
| 2024 Total Households : | 475 | 7,918 | 33,020 |
| 2024 Pop Age 25+: Bachelor's Degree : | 326 | 4,345 | 16,974 |
| 2024 Average Home Value : | $ 717,991 | $ 649,705 | $ 620,300 |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
