7095 Co Rd Lake Mary, FL 32746
- Day care centers
- 1.31 lot acres
Current Use by Public Records
- Day care centers
Property Details for 7095 Co Rd
- Year built
- 2010
- Lot size
- 1.31 lot acres
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a fee-simple, 11,100 square foot daycare center in Lake Mary, Florida, operating under a 20-year net lease with The Learning Experience. The lease, commencing August 1, 2012, and expiring August 1, 2032, has approximately 7.7 years remaining. The property boasts a 6.25% cap rate and a strong NOI of $317,552. Built in 2010 and renovated in 2012, this single-tenant property sits on a 1.31-acre lot and benefits from 8% rent bumps every five years, with a five-year lease option available. The property enjoys a prime location, fronting H E Thomas Jr. Parkway (40,100 VPD) and less than a mile from Interstate 4 (165,500 VPD), providing excellent visibility and accessibility. Its proximity to Colonial Town Park, a thriving lifestyle center anchored by Publix, Duffy's, Walgreens, and other retailers, further enhances its desirability. The surrounding area features a dense concentration of retail development and a substantial residential population, with average household incomes exceeding $127,850 within a one-mile radius. This robust demographic profile, coupled with the strong lease terms and financial performance, makes this a compelling investment opportunity. The asking price is $5,081,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Mary
- County
- Seminole
- State
- Florida
- Longitude
- -81.3595
- Latitude
- 28.7858
