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Kid City USA - Leesburg, FL 710 Carpenter Ave

3,306 SF Retail Building Leesburg, FL 34748 $1,116,717 ($338/SF) 6.50% Cap Rate

Investment Highlights

  • Kid City USA Has Been in Business For More Than 20-Years With Over 130 Locations
  • Less Than a 15 Minute Drive From Leesburg International Airport (LEE) and 1 Hour From Orlando International Airport (MCO)
  • Corporate and Personal Guarantee
  • Leesburg is Located in Central Florida About 45-Miles Northwest of Orlando
  • 12-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • Average Household Income of $ $74,252 and a Population of 58,043 Residents Within a 5-Mile Radius

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 38,330 SF Mid South Center Located at 8200 Mid South Drive in Olive Branch, MS. The Property Features a 97% Occupancy Rate, Supported By a Diverse Tenant Mix.

In Cooperation With SIG RE Services, LLC - Lic. #CQ1055229 BoR: Andrew Ackerman - Lic. FL #BK3369953

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,306 SF
Building Class
C
Year Built
1973
Price
$1,116,717
Price Per SF
$338
Cap Rate
6.50%
NOI
$72,586
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.30 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
4 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
120 FT on Carpenter

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Kid City USA
  • Educational Services
  • 3,306 SF
  • $21.96
  • Triple Net
  • Sep 2036
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Kid City USA Educational Services 3,306 SF $21.96 Triple Net Sep 2036

Nearby Major Retailers

Truist
Bank of America
Krispy Krunchy Chicken
South State Bank
Elliano's Coffee Company

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 27-19-24-0400-00B-01200
  • 27-19-24-0400-00B-01000
Land Assessment
$126,698
Improvements Assessment
$220,013
Total Assessment
$346,711
  • Listing ID: 34209819

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 710 Carpenter Ave, Leesburg, FL 34748

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