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Bumble & Bloom Early Learning Center 3130 N Mcmullen Booth Rd 5,005 SF Retail Building Clearwater, FL 33761 $1,301,250 ($259.99/SF) 7.38% Cap Rate
Investment Highlights
- Turnkey childcare facility with 37 FTEs, FF&E, and new 10-year absolute NNN lease
- Two purpose-built buildings with fenced playground on ±0.69 AC lot
- Tampa Bay MSA welcomed nearly 500,000 new residents between 2020 and 2025
- Florida Gold Seal status: 100% ad valorem tax exemption and 20% subsidy boost
- ±55,000 vehicles per day on McMullen Booth Road with strong area demographics
- Less than 2 miles from Mease Countryside Hospital and Countryside Mall corridor
Executive Summary
Kyle Matthews
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # BK3554632, CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
5,005 SF
Building Class
C
Year Built
1991
Price
$1,301,250
Price Per SF
$259.99
Cap Rate
7.38%
NOI
$96,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.69 AC
Zoning
C1 - PRIVATE SCHOOLS & COLLEGES, DAY CARE CENTERS (county)
PRIVATE SCHOOLS (state)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-28-16-00000-230-1100 | Improvements Assessment | $365,337 |
| Land Assessment | $187,163 | Total Assessment | $552,500 |
Property Taxes
Parcel Number
21-28-16-00000-230-1100
Land Assessment
$187,163
Improvements Assessment
$365,337
Total Assessment
$552,500
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