10011 Westpark Preserve Blvd | Tampa, FL 33625
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- LoopNet Team
10011 Westpark Preserve Blvd
Tampa, FL 33625
Retail Property For Sale
Investment Highlights
- Rare 20 Year Absolute Net lease with Amazing Explorers Academy, one of the fastest growing early childhood education centers in the nation
- Amazing Explorers Academy currently operates 27 schools in Florida, Texas, North Carolina and New York and has 25+ locations in development
- 10% rent increases every 5 years provide hedge against inflation and a 7.54% average return over the initial lease term
- Corporate guarantee as well as personal guarantees from 4 experienced franchisees including the founders and franchisors (combined net worth of $50+ m
- Absolute Net Lease provides completely passive ownership and stable cash flow
- Fee simple ownership allows for depreciation of the building boosting after tax returns
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
12,100 SF
Building Class
B
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.72 AC
Zoning
PD
Frontage
365 FT on W Linebaugh Ave
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $950,782 | Total Assessment | $950,782 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$950,782
Improvements Assessment
$0
Total Assessment
$950,782
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