Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Kid City USA Indoor Play Center, Daycare, and Preschool located in Lake Mary, FL, within the Orlando MSA. The property is secured by a long-term lease with over 12 years remaining on the base term, featuring annual rent increases of two percent. Additionally, the property benefits from a new roof installed in 2023, with a long-term roof warranty in place. Kid City USA is a rapidly expanding chain of children's indoor play centers, daycare, and preschools, with over 100 locations across 13 states. The company’s success is driven by the quality of its programs, and it currently operates more than 50 facilities in Florida, where it was founded and continues to experience strong growth. There are numerous large residential communities and multi-family projects in the immediate area, providing a strong base of potential students for Kid City USA. Additionally, the property is conveniently located off International Parkway, a primary access route to numerous office parks, business centers, and corporate campuses, making it an important commercial corridor. The area is also home to several corporate headquarters, including the adjacent AAA (American Automobile Association) headquarters, which employs approximately 690 staff members. The surrounding area has an average annual household income of $163,464 within one mile of the subject property, projected to increase to $182,717 by 2028. The property offers easy access to Interstate 4, a major highway in the Orlando area that runs east to west across central Florida, connecting to downtown Orlando, Orlando International Airport, and other nearby attractions. With a traffic count of over 170,500 vehicles per day, this location benefits from high visibility and accessibility. Nearby national retailers include Publix Supermarket, The Fresh Market, Winn-Dixie, Target, The Home Depot, Planet Fitness, Orange Theory Fitness, LA Fitness, Hobby Lobby, HomeGoods, T.J. Maxx, Ross, Office Depot, AtHome, Academy Sports + Outdoors, Advance Auto Parts, Wells Fargo, Bank of America, Regions Bank, Dollar Tree, Great Clips, Massage Envy, UPS Store, Chili’s Grill & Bar, Pizza Hut, McDonald’s, Taco Bell, Wendy’s, KFC, Panera Bread, Chipotle, Subway, Chick-fil-A, Steak 'n Shake, Starbucks, Dunkin', Walgreens, 7-Eleven, Circle K, and many more. Lake Mary, FL, is known as a major hub for businesses, particularly in technology, finance, and healthcare. It is located 18 miles from downtown Orlando and is part of the Orlando Metropolitan Area, one of the largest and fastest-growing regions in Florida, with a population of over 2.7 million residents. The metro area is expected to add more than 221,000 residents over the next five years, with roughly 35,000 new households projected to be formed during that period.