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| Price $3,339,892 | Built/Renov 1999 | Tenant Cadence Academy |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,100
| Lease Start
12-02-2005
| #Units
300
|
| Price/SF $330.68 | Expiration
12-31-2034
| Tenant Type Daycare/Education |
| NOI $217,093 | R. Term 10.1 | Ownership Fee Simple |
| Rent/SF
$21.49
| Increases 2.0%/1/yrs | Pop 5Mi 74,319 |
| Lot/AC 1.34 | Options 0/0yrs | AHHI 5Mi $58,732 |
| | |
Cadence Academy is strategically located on W Perry Road, with access to a robust daily traffic count of 50,162. The property is surrounded by well-known national tenants, including Tanger Outlets, Publix Supermarket, Kroger, Costco, Walmart Supercenter, Lowe's, and more. Nearby feeder elementary schools include Carolina Forest, Forestbrook, and River Oaks. Additionally, it is situated less...
...Build to suit
In location for years
Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
Cadence Education is one of the largest providers of early childhood care in the United States. Cadence Education programs are tailored to each developmental stage in children from six weeks to 12...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 3,610 | 43,590 | 98,430 |
| 2024 Total Population : | 3,279 | 40,243 | 90,345 |
| 2024 Employed Civilian Pop : | 1,449 | 17,658 | 42,067 |
| 2024 Total Businesses : | 354 | 889 | 2,408 |
| 2024 Average Household Income : | $ 101,436 | $ 95,443 | $ 93,741 |
| 2024 Total Consumer Spending : | $ 120 M | $ 1378 M | $ 2857 M |
| 2024 Median Age : | 47 | 46 | 41 |
| 2024 Total Households : | 1,370 | 16,496 | 34,687 |
| 2024 Pop Age 25+: Bachelor's Degree : | 577 | 6,292 | 11,950 |
| 2024 Average Home Value : | $ 362,203 | $ 348,721 | $ 351,877 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Legends Rd | 2022 | 50,100 | 0.20 mi | |
| Heather Ln | 2019 | 53,100 | 0.52 mi | |
| Singleton Ridge Road | Myrtle TrceDr | 2022 | 11,900 | 2.86 mi |
| Singleton Ridge Rd | Myrtle TrceDr | 2010 | 8,900 | 2.90 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
