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Kid City USA 10274 N Sherman Ave 3,731 SF Retail Building Glen Saint Mary, FL 32040 $1,563,032 CAD ($418.93 CAD/SF) 7.50% Cap Rate

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Investment Highlights

  • Long-Term Absolute NNN Lease With Corporate Guarantee
  • Absolute NNN lease structure with zero landlord responsibilities.
  • Built-In Rent Growth
  • Over 13 years remaining on original lease term with two 5-year renewal options, providing long-term stability and predictable cash flow.
  • Full corporate guarantee for entire lease term
  • The lease features 2.00% annual rent escalations, delivering steady income growth and a strong hedge against inflation.

Executive Summary

Broker of Record
Kyle Matthews
License # CQ1066435 (FL)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
3,731 SF
Building Class
C
Year Built
1987
Price
$1,563,032 CAD
Price Per SF
$418.93 CAD
Cap Rate
7.50%
NOI
$117,227 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.57 AC
Parking
5 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
146’ on Madison St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • Triple Net
  • -

Kid City s'engage à offrir des services exceptionnels de garde d'enfants et d'éducation de la petite enfance dans un environnement familial. Kid City est un endroit où les enfants peuvent « être des enfants ». Ils s'engagent à offrir aux familles un environnement sécuritaire, sain et structuré, rempli d'amour et d'encouragement. Leur programme travaille avec diligence pour développer le développement social, émotionnel, cognitif, physique et du caractère de chaque enfant. Ils respectent le caractère unique des coutumes et des croyances de chaque famille. Kid City ne fait aucune discrimination à l'égard de quiconque (enfant ou adulte, membre du personnel ou parent) en raison du sexe, de l'âge, de la religion, de l'origine naturelle, de la race, de l'état matrimonial, de la déficience physique ou mentale ou du statut d'ancien combattant. Ils appliquent une politique de porte ouverte et encouragent les parents à participer activement au processus d'apprentissage et de développement de leurs enfants.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance - - Triple Net -

Property Taxes

Property Taxes

Parcel Number
36-2S-21-0051-0037-0100
Land Assessment
$92,739 CAD
Improvements Assessment
$267,510 CAD
Total Assessment
$360,249 CAD
  • Listing ID: 39268776

  • Date on Market: 2026-01-30

  • Last Updated:

  • Address: 10274 N Sherman Ave, Glen Saint Mary, FL 32040

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