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10011 Westpark Preserve Blvd
Tampa, FL 33625

$6,672,000 USD

Freestanding For Sale  •  12,100 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 12,100 SF
  • Lot Size 1.72 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning PD
0 Transit Score
24 Walk Score

Highlights

Rare 20 Year Absolute Net lease with Amazing Explorers Academy, one of the fastest growing early childhood education centers in the nation
Corporate guarantee as well as personal guarantees from 4 experienced franchisees including the founders and franchisors (combined net worth of $50+ m
Amazing Explorers Academy currently operates 27 schools in Florida, Texas, North Carolina and New York and has 25+ locations in development
Absolute Net Lease provides completely passive ownership and stable cash flow
10% rent increases every 5 years provide hedge against inflation and a 7.54% average return over the initial lease term
Fee simple ownership allows for depreciation of the building boosting after tax returns
Cap Rate: 6.50 %

Public Transportation

AirportDriveWalkDistance
Tampa International 16 min - 8.7 mi
St Pete-Clearwater International 36 min - 20.3 mi
Patrick Wagor 561-427-6699 Atlantic Capital Partners
Patrick Wagor 561-427-6699 Atlantic Capital Partners