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| Price $5,440,000 | Built/Renov 2016 | Tenant Kid City USA |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
15,832
| Lease Start
10-01-2023
| #Units
100
|
| Price/SF $343.61 | Expiration
10-31-2038
| Tenant Type Daycare/Education |
| NOI $408,000 | R. Term 13.10 | Ownership Fee Simple |
| Rent/SF
$25.77
| Increases 2.0%/1/yrs | Pop 5Mi 220,797 |
| Lot/AC 1.50 | Options 2/5yrs/2% | AHHI 5Mi $117,280 |
| | |
Kid City USA is strategically located on Shadow Creek Parkway, with access to 29,650 vehicles passing by daily. The property is within a 5-mile radius of 15 elementary feeder schools and is surrounded by well-known national tenants including Pizza Hut, Arby's, UPS, Sonic, Dollar Tree, and more. Additionally, it is situated 35 miles from George Bush International Airport. The 5-mile trade area...
...Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Long 10+ yr lease
Annual rent increases
Corporate Guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 12,354 | 82,405 | 226,877 |
| 2024 Total Population : | 11,998 | 79,958 | 218,021 |
| 2024 Employed Civilian Pop : | 6,448 | 39,900 | 107,736 |
| 2024 Total Businesses : | 363 | 2,621 | 4,805 |
| 2024 Average Household Income : | $ 130,554 | $ 136,547 | $ 118,118 |
| 2024 Total Consumer Spending : | $ 498 M | $ 3222 M | $ 7438 M |
| 2024 Median Age : | 35 | 36 | 36 |
| 2024 Total Households : | 4,306 | 26,905 | 71,405 |
| 2024 Pop Age 25+: Bachelor's Degree : | 3,288 | 15,106 | 33,143 |
| 2024 Average Home Value : | $ 370,986 | $ 332,618 | $ 311,145 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Kirby Drive | Kirby Dr | 2022 | 14,620 | 0.53 mi |
| Old Airline Rd | McHard Rd | 2001 | 40 | 0.58 mi |
| Kingsley Drive | Crestwind Dr | 2019 | 11,799 | 0.60 mi |
| Kingsley Rd | 2011 | 5,790 | 0.63 mi | |
| Almeda School Road | Southbelt Industrial Dr | 2022 | 4,699 | 0.73 mi |
| Business Center Drive | McHard Rd | 2022 | 14,133 | 0.95 mi |
| Shadow Creek Parkway | S Hwy 288 | 2020 | 29,650 | 1.11 mi |
| FM 2234 | Shadow Creek Pkwy | 2021 | 32,022 | 1.11 mi |
| FM 2234 | Shadow Creek Pkwy | 2022 | 28,790 | 1.11 mi |
| Almeda School Rd | W Riley Rd | 2011 | 2,350 | 1.30 mi |
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Cap Rate 7.00%
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Size/SF 10,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
