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Kiddie Academy | 18.5yrs Remain Abs NNN 15708 W Colonial Dr 12,045 SF 5-Star Retail Building Winter Garden, FL 34787 $6,023,000 ($500.04/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- 18.5 Years Remaining | Scheduled Rental Increases | New Construction | Established Operator | High Barrier to Entry
- Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Apartments
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Located Along W. Colonial Dr | Florida Turnpike (112,000 VPD) | Excellent Visibility & Access | Goldfish Swim School
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Kiddie Academy investment property located in Winter Garden, Florida. The tenant currently has 18.5 years remaining with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Guaranteed by an established operator with 15 units, who was named the 2024 Entrepreneur Times Franchisee of the Year and was previously named Kiddie Academy’s Franchisee of the Year. The franchisee operates 8 units in the Orlando/Tampa Market, and there are currently more than 340 open Academies in the Kiddie Academy system, located in 40 states and Washington D.C., serving nearly 40,000 children.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
12,045 SF
Building Class
A
LoopNet Rating
5 Star
Year Built
2023
Price
$6,023,000
Price Per SF
$500.04
Cap Rate
6%
NOI
$361,350
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.60 AC
Zoning
General Commercial
Parking
18 Spaces (1.49 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 28-2227-0550-01-000 | Improvements Assessment | $3,451,660 |
| Land Assessment | $1,051,626 | Total Assessment | $4,503,286 |
PROPERTY TAXES
Parcel Number
28-2227-0550-01-000
Land Assessment
$1,051,626
Improvements Assessment
$3,451,660
Total Assessment
$4,503,286
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Kiddie Academy | 18.5yrs Remain Abs NNN | 15708 W Colonial Dr
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