245 NW 11th Street Pompano Beach, FL 33060

Listing agency J. D. Block Services Inc d***@yourpalmbeachrealtors.com Show Phone

Listed by Danielle Liberatos · License #FL SL3368790

Source Crexi

Added: Apr 11 Updated: Jul 21 at 8:10PM Checked: Jul 21 at 8:10PM

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Investment Insights

Based on property information with market context.

This leased day care center is operated by an experienced operator. The tenant covers all property expenses except real estate taxes, the roof, the AC units, and property insurance. The roof was replaced in 2016.

The property is leased for four years with an additional four-year extension. Rent is structured at $6,000 per month in Year 1, $6,500 per month in Years 2 and 3, and $7,000 per month in Year 4. Property insurance is noted as $5,400 per year.

Please do not disturb the tenants.

Key Highlights

• Day care center leased to an experienced operator for a 4‑year term with a 4‑year extension option
• Lease rent schedule: Year 1 $6,000/month, Years 2–3 $6,500/month, and Year 4 $7,000/month
• Tenant covers all operating expenses except real estate taxes

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FAQs

What type of property is this?

Day care center - Day care center leased to an experienced operator with expenses covered except real estate taxes, roof, AC, and insurance.

Where is this day care center located?

The property is located at 245 NW 11th Street Pompano Beach, FL.

What are key features of this property?

This property features: Day care center leased to an experienced operator for a 4‑year term with a 4‑year extension option; Lease rent schedule: Year 1 $6,000/month, Years 2–3 $6,500/month, and Year 4 $7,000/month; Tenant covers all operating expenses except real estate taxes