1013 Sr-7 | West Palm Beach, FL 33411
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1013 Sr-7
West Palm Beach, FL 33411
O2B Kids! Preschool (West Palm Beach MSA) · Retail Property For Sale
Investment Highlights
- Long-Term Lease With Over 10 Years Remaining on Base Term and one, 10-Year Tenant Renewal Option
- O2B Kids is a Leading Provider of Early Education Services for Children With Approximately 63 Open Locations Throughout AL, FL, GA, MN, MO
- Located on State Road 7 With a Traffic Count of More Than 42,500 VPD, and Directly Off Okeechobee Blvd With a Traffic Count of Approx. 59,000 VPD
- Annual Rent Increases by the Greater of 2.5% or CPI
- In 2023, O2B Kids Built Four New Schools and Acquired Nine, and is Scheduled to Open 20 New Schools in Both Current and New Markets
- Average Annual Household Income is $113,109 in One Mile of the Property and Projected to Reach $129,004 by 2028
PROPERTY FACTS
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,840 SF
Building Class
C
Year Built
2001
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.86
Lot Size
0.24 AC
Zoning
CG
Parking
35 Spaces (3.76 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $3,081,519 | |
| Land Assessment | $1,219,500 | Total Assessment | $4,301,019 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,219,500
Improvements Assessment
$3,081,519
Total Assessment
$4,301,019
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