Leased Montessori Education
353 Hiatt Drive Palm Beach Gardens, FL 33418
353 Hiatt Drive, Palm Beach Gardens, FL, 33418
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For Sale
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Three leased school properties totaling 32,777 SF, operating under Guidepost Montessori and a 20-year lease term.
Property Size32,777 SF
Days on Market76
Property Features for 353 Hiatt Drive
General Information
- Standard status
- Active
- Size
- 32,777 SF
- Property subtype
- Special Purpose
Listing agency
The Keyes Company
Listed by
Alex Blanco · License #3399763
Source
Crexi
Added: May 7 Updated: Jul 21 at 2:44AM Checked: Jul 21 at 2:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
Investment Insights
Based on property information with market context.
This offering includes a three-asset Montessori school portfolio, each operated under lease by Child Education Alliance (CEA) / Guidepost Montessori. Property A is located at 353 Hiatt Drive in Palm Beach Gardens, Florida, with 9,879 SF. Property B is located at 8401 Baymeadows Way in Jacksonville, Florida, with 6,313 SF. Property C is located at 2230 & 2402 Hollywood Blvd in Hollywood, Florida, with 13,400 SF.
Each site is on a 20-year lease with 2020 start dates. The leases include 3% annual rent increases, providing built-in escalations over time.
Taken together, the portfolio provides a diversified multi-market school ownership structure with consistent lease terms and annual growth through the scheduled rent escalations.
Each site is on a 20-year lease with 2020 start dates. The leases include 3% annual rent increases, providing built-in escalations over time.
Taken together, the portfolio provides a diversified multi-market school ownership structure with consistent lease terms and annual growth through the scheduled rent escalations.
Key Highlights
- Three leased Montessori school properties totaling 32,777 SF
- Fortis A LLC: 353 Hiatt Drive, Palm Beach Gardens, FL — 9,879 SF
- Fortis B LLC: 8401 Baymeadows Way, Jacksonville, FL — 6,313 SF
Property Analytics
Location Intelligence
Current Use by Public Records
Schools
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FAQs
What type of property is this?
School - Three leased school properties totaling 32,777 SF, operating under Guidepost Montessori and a 20-year lease term.
Where is this school located?
The property is located at 353 Hiatt Drive Palm Beach Gardens, FL.
What are key features of this property?
This property features: Three leased Montessori school properties totaling 32,777 SF; Fortis A LLC: 353 Hiatt Drive, Palm Beach Gardens, FL — 9,879 SF; Fortis B LLC: 8401 Baymeadows Way, Jacksonville, FL — 6,313 SF