45690 Us-27 Davenport, FL 33897

Exceptional investment opportunity: a brand-new, 10,000-square-foot daycare center in Davenport, Florida, boasting a 20-year net lease with a corporate guarantee from The Learning Experience (TLE). This fee-simple property, built in 2023 and situated on a 1.25-acre lot at 45690 US-27, enjoys a prime location with over 57,000 vehicles passing daily. The center opened in April 2024 and achieved record-breaking pre-enrollment, exceeding expectations with 162 students enrolled before opening. The lease features an 8% rent increase every five years, including renewal options (two 5-year options). The current NOI is $383,000, representing a 7.00% cap rate on the $5,470,000 asking price. The property benefits from a strong demographic profile, with a 3-mile average household income of approximately $89,000 and a population exceeding 30,000. TLE, a top-ranked childcare franchise, operates this center, ensuring long-term stability and growth potential. This is a rare opportunity to acquire a high-performing, corporately-backed daycare center with significant upside. The 100% occupancy rate and strong pre-enrollment numbers underscore the property's exceptional market position and future prospects. The lease commenced April 5th, 2024, and expires March 31st, 2044, offering a substantial remaining lease term of approximately 19.4 years.