Matthews Logo

Navigation Menu

7044 Beach Blvd, Jacksonville, FL, 32216

KID CITY USA
$1,250,748

Key Information

Cap Rate
7.15%
Tot. SF
3,411
Year Built
R 2024
Term Remaining
±14.1 YRS
Type
Retail
NOI
$89,428

Highlights

  • Long-Term Absolute Nnn Lease
  • Over ±14.1 Years Remaining on the Original 15-Year Lease Term, With Two, 5-Year Renewal Options.
  • Absolute Nnn Structure With Zero Landlord Responsibilities, Offering Passive, Stable Cash Flow.
  • Built-IN Rent Growth
  • The Lease Includes 2.00% Annual Rent Escalations, Providing a Reliable Hedge Against Inflation and Enhancing Long-Term Yield.
  • Established National Tenant
  • Kid City USA is a Nationally Recognized Child Care Operator Headquartered IN Daytona Beach, FL, Operating 140+ Locations Across the Country.
  • The Lease Features a Strong Corporate and Personal Guarantee.
  • Income Tax-Free State
  • Florida is an Income Tax-Free State, Which Provides a Benefit to Investors.
  • Strategic Location
  • Situated on Beach Boulevard (U.S. Highway 90), a Major Thoroughfare With Excellent Visibility and Traffic Counts Exceeding ±25,500 Vehicles Per Day.
  • The Subject Property is Near Downtown Jacksonville, Major Employment Centers, and Dense Residential Neighborhoods.
  • Strong Demographics
  • Jacksonville is Florida’S Most Populous City and is Among the Fastest Growing Metros IN the Southeast.
  • More Than 85,598 Residents Within a Three-Mile Radius, With Continued Population Growth Projected Over the Next Five Years.
  • Attractive Educational Synergy
  • Over 15 Feeder Elementary Schools Are Located Within a Five-Mile Radius, Driving Consistent Demand for Childcare Services.
  • Part of the Duval County Public Schools System, Which Serves Over 130,000 Students and Continues to Expand Annually.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203