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1013 Sr-7
West Palm Beach, FL 33411 Outer Royal Palm Beach/Wellington

$4,633,300 USD

Daycare Center For Sale  •  8,840 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 8,840 SF
  • Lot Size 0.24 AC
  • Building Class C
  • Year Built 2001
  • Tenancy Single
  • Zoning CG
30 Transit Score
50 Walk Score

Highlights

LONG TERM NNN OPPORTUNITY: Passive, hands-off investment, with newly signed 20 year lease extension, showing high tenant commitment
RENTAL ESCALATIONS: Annual scheduled increases of 2.5%
STRONG STABLE EARLY EDUCATION TENANCY: O2B Kids is a proven and expanding industry leader in early education, with 83 locations nationwide
RECESSION-RESISTANT INDUSTRY: Steady enrollment through economic cycles, with a growing demand from rising number of dual-income households
ACCREDITED LOCATION: The center holds APPLE accreditation and is recognized by national bodies such as NAC and NECPA
PRIME ROYAL PALM BEACH LOCATION: Strategically situated on US-441, with extremely high average household incomes (over $134,000 in a 1-mile radius)

Property Flyers

Amenities

  • Signage
  • Tenant Controlled HVAC

Public Transportation

Commuter RailDriveWalkDistance
West Palm Beach Station (Mangonia Park - Miami Airport - Tri-Rail, West Palm Beach - MiamiCentral - Tri-Rail) 19 min - 9.8 mi
AirportDriveWalkDistance
Palm Beach International 16 min - 8.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 35
Type: Surface
Included in Rent: Yes
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap
Lior Regenstreif 818-907-9525 NNN Investment Group of Marcus & Millichap