Child Care
Kid City USA | 11+ Years Remaining | Highly Trafficked Intersection 65,000+ CPD
4950 Dairy Rd, Melbourne, FL 32904
Listing Price: $4,031,000
Cap Rate
7.25%
Tenant Name
Kid City USA Enterprises, Inc.
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
9,882
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.57
Investment Overview
Marcus & Millichap is pleased to present a Kid City USA located in Melbourne, Florida.
Kid City USA | 11+ Years Remaining | Highly Trafficked Intersection 65,000+ CPD
Investment Highlights
- 11+ Years Remaining with 2.00 Percent Annual Increases in Rent
- Corporate (140+ Locations) and Personal Guaranty in Place
- Over $84,000,000 Spent on Education and Daycare in a Five-Mile Radius
- Demand For Child Care Remains Extremely Strong
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
Financing By
Child Care
Kid City USA | 11+ Years Remaining | Highly Trafficked Intersection 65,000+ CPD
Listing Price: $4,031,000
Cap Rate
7.25%
Tenant Name
Kid City USA Enterprises, Inc.
Years Remaining On Lease
11.2
Guarantor
Corporate Guarantee
Rentable SF
9,882
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.57
Investment Highlights
- 11+ Years Remaining with 2.00 Percent Annual Increases in Rent
- Corporate (140+ Locations) and Personal Guaranty in Place
- Over $84,000,000 Spent on Education and Daycare in a Five-Mile Radius
- Demand For Child Care Remains Extremely Strong
Investment Overview
Marcus & Millichap is pleased to present a Kid City USA located in Melbourne, Florida.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
Financing By
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