2881 E Park Ave Tallahassee, FL 32301

Listing agency Marcus & Millichap - Seattle

Listed by Hank Wolfer · License #WA 110547

Source Crexi

Added: Apr 12 Updated: Jul 21 at 8:39PM Checked: Jul 21 at 8:39PM

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Investment Insights

Based on property information with market context.

This childcare facility is operated under an absolute triple net lease, with the tenant responsible for repairs and maintenance, and the lease is corporate guaranteed by Childcare Network. The current lease term was originally signed in 2012 and is set to expire on June 30, 2032. The lease includes rent escalations every three years tied to CPI, with a maximum increase of 6% throughout the lease and option periods.

The property is located at 2881 East Park Avenue in Tallahassee, Florida. The building was built in 2012 and totals 8,750 square feet, situated on a 0.95-acre parcel of land.

Key Highlights

• Childcare Network facility at 2881 East Park Avenue, Tallahassee, FL
• Built in 2012; 8,750 SF childcare building on a 0.95‑acre parcel
• Absolute triple net lease structure (tenant responsible for repairs and maintenance), corporately guaranteed by Childcare Network

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FAQs

What type of property is this?

Day care center - Childcare Network facility built in 2012 under an absolute triple net lease set to expire June 30, 2032.

Where is this day care center located?

The property is located at 2881 E Park Ave Tallahassee, FL.

What are key features of this property?

This property features: Childcare Network facility at 2881 East Park Avenue, Tallahassee, FL; Built in 2012; 8,750 SF childcare building on a 0.95‑acre parcel; Absolute triple net lease structure (tenant responsible for repairs and maintenance), corporately guaranteed by Childcare Network