3245 Executive Drive, Clearwater, FL

Listing office Current Real Estate Advisors m***@icloud.com Show Phone

Listing date Jul 22, 2024

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Overview

The Harbor View Creative Learning Center presents an opportunity to acquire a freestanding 6,300 SF building on a 26,763 SF (0.61 Acre) parcel in Clearwater, FL. The property is currently leased to Once Upon a Childcare, an early childhood academic operator, under an Absolute NNN Lease with over 9 years remaining. The lease includes annual increases of 3% and two 5-year options. Originally constructed as a build-to-suit childcare facility, the property underwent extensive renovations in 2022 to meet the specific needs of the current operator as they expand throughout Florida. The property is strategically located across the street from Raymond James’ Global HQ, within a dense residential and professional community in the Tampa-St. Petersburg-Clearwater MSA. This MSA is recognized as one of the fastest-growing in the country and is ranked #5 as the Best Place for Young Families in Florida. Clearwater has experienced an average of 11.3% population growth over the past 5 years. This property is suited for an investor seeking a stable income stream with no landlord responsibilities and solid real estate fundamentals.

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Feather Sound Christian Preschool — 13880 feather sound dr, clearwater, fl 33762
• Gingerbread School — 690 Carillon Pkwy, St. Petersburg, FL 33716
• Harbor View Creative Learning Center — 3245 Executive Dr, Clearwater, FL 33762

Location Insight

• Map
• Local Demand

City

Clearwater

County

Pinellas

State

Florida

Longitude

-82.6777

Latitude

27.8949

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FAQs

What type of property is this?

Day care center - Freestanding 6,300 SF building with long-term NNN lease.

Where is this day care center located?

The property is located at 3245 Executive Drive Clearwater, FL.

What is the asking price?

The asking price for this property is $3,850,000.

What are key features of this property?

This property features: Absolute NNN Lease with 9+ years remaining provides a steady, stable income stream.; Tenant is a childcare operator (Once Upon a Childcare) with annual rent increases of 3% and two 5‑year options.; Located in the Tampa‑St. Petersburg‑Clearwater MSA, one of the fastest growing MSAs in the country.