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The Learning Experience - Davenport, FL 45690 Highway 27

10,000 SF Retail Building Davenport, FL 33897 $5,470,000 ($547/SF) 7% Cap Rate

Retail Space Florida Davenport 45690 Highway 27, Davenport, FL 33897

Investment Highlights

  • RARE LONG TERM CORPORATELY OPERATED LEASE | Brand new and 20-year lease with minimal landlord obligations.
  • AFFLUENT AND STRONG DEMOGRAPHICS | 3-mile average household income of approximately $89,000 and population count over 30,000.
  • BRAND NEW CONSTRUCTION | Center opened in April of 2024 using TLE’s latest prototype.
  • RENT INCREASES THROUGHOUT TERM AND RENEWAL OPTIONS | 8% rent increase every 5 years including each renewal option.
  • RECORD BREAKING PRE-ENROLLMENT | This location experienced record pre-enrollment activity. According to TLE, 162 students enrolled prior to opening.
  • HEAVILY TRAVELED ARTERY | Over 57,000 vehicles per day travel past this location on US-27.

Attachments

TLE_Davenport FL_OM

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
B
Year Built
2023
Price
$5,470,000
Price Per SF
$547
Cap Rate
7%
NOI
$383,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.25 AC
Zoning
C - Commercial

Amenities

  • Air Conditioning
1 of 1

Nearby Major Retailers

Beef 'O' Brady's
Cracker Barrel Old Country Store

PROPERTY TAXES

Parcel Number 26-26-01-488301-000080 Improvements Assessment $0
Land Assessment $587,513 Total Assessment $587,513

PROPERTY TAXES

Parcel Number
26-26-01-488301-000080
Land Assessment
$587,513
Improvements Assessment
$0
Total Assessment
$587,513
(630) 464-5009

Contact

  • Kevin Sadowski
    Kevin Sadowski
  • Vantage Commercial Real Estate LLC

  • Listing ID: 32010447

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 45690 Highway 27, Davenport, FL 33897

More public record information on 45690 Highway 27, Davenport, FL 33897

The Retail Property at 45690 Highway 27, Davenport, FL 33897 is currently available for sale. Contact Vantage Commercial Real Estate LLC for more information.

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The Learning Experience - Davenport, FL | 45690 Highway 27
(630) 464-5009 x

The Learning Experience - Davenport, FL | 45690 Highway 27

Kevin Sadowski

(630) 464-5009

(630) 464-5009

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