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3245 Executive Dr Clearwater, FL 33762

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For Sale
$3,850,000

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

Property size:
6,300 SF
Lot size:
0.62 Acres

Property Features for 3245 Executive Dr

General Information

Size
6,300 SF
Lot size
0.62 Acres

Source: Current Real Estate Advisors Agent Michael Williams

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Clearwater Learning Center Investment Opportunity

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.
Insight Report Location Intelligence

Current Use by Public Records

Harbor View Creative ... Day Care Center

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Similar Places Nearby

Feather Sound Christian Preschool, Gingerbread School, Harbor View Creative Learning Center

Location Insight

  • Map
  • Local Demand
City
Clearwater
County
Pinellas
State
Florida
Longitude
-82.6777024
Latitude
27.8948746

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 Dr 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.
More about this property
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