Child Care
Coastal Kids Academy | 14+ Years Remaining | 2% Annual Increases in Rent | BJ’s Wholesale Outparcel
4950 Dairy Rd, Melbourne, FL 32904
Listing Price: $3,967,000
Cap Rate
7.36%
Tenant Name
4950 Dairy Rd, Inc.
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
9,882
Lease Type
Absolute Net
Rent Per Square Feet
$29.55
Investment Overview
Marcus & Millichap is pleased to present a Coastal Kids Academy located in Melbourne, FL.
Coastal Kids Academy | 14+ Years Remaining | 2% Annual Increases in Rent | BJ’s Wholesale Outparcel
Investment Highlights
- 14+ Years Remaining with 2.00% Annual Increases in Rent
- High Traffic Outparcel to BJ's Wholesale Club with over 65,000 Cars Per Day
- Over $97,000,000 Spent on Education and Daycare in a 5-Mile Radius
- Demand For Child Care Remains Extremely Strong
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
Child Care
Coastal Kids Academy | 14+ Years Remaining | 2% Annual Increases in Rent | BJ’s Wholesale Outparcel
Listing Price: $3,967,000
Cap Rate
7.36%
Tenant Name
4950 Dairy Rd, Inc.
Years Remaining On Lease
14.8
Guarantor
Corporate Guarantee
Rentable SF
9,882
Lease Type
Absolute Net
Rent Per Square Feet
$29.55
Investment Highlights
- 14+ Years Remaining with 2.00% Annual Increases in Rent
- High Traffic Outparcel to BJ's Wholesale Club with over 65,000 Cars Per Day
- Over $97,000,000 Spent on Education and Daycare in a 5-Mile Radius
- Demand For Child Care Remains Extremely Strong
Investment Overview
Marcus & Millichap is pleased to present a Coastal Kids Academy located in Melbourne, FL.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director, Chief Revenue Officer- Southeast/Mid-Atlantic Division
Financing By
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