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Kiddie Academy 1135 Clay st 10,060 SF Retail Building Fleming Island, FL 32003 $7,918,959 CAD ($787.17 CAD/SF) 6.65% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 15-year lease term – commencing September 2025
  • 2% annual rental escalations
  • Affluent community – Average household income within one mile exceeds $138,000
  • NNN - No landlord responsibilities
  • Over 64,000 people live within a five-mile radius
  • Proximity to Publix and Baptist Medical Center Clay (102 bed hospital)

EXECUTIVE SUMMARY

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Kiddie Academy property positioned within the Jacksonville MSA in Fleming Island, Florida. Constructed in 2025, the property features a 15-year lease that will commence in September 2025. The lease is absolute triple net and presents no landlord responsibilities. There are 2% annual rental escalations throughout the primary term and three 5-year renewal options. Additionally, the lease contains a personal guarantee from the franchisee.
The 10,060 square-foot building benefits from its position along US Highway 17, which experiences over 43,000 vehicles per day and leads north to Jacksonville. The property is located in an affluent community that earns a six-figure average household income that exceeds $138,000, within one-mile radius. Additionally, there are over 64,000 people living within a five-mile radius that will support Kiddie Academy. Neighbors that feed continual traffic through the corridor include Publix and Baptist Medical Center Clay, a 102-bed hospital.
Kiddie Academy Educational Child Care is a nationally recognized provider of comprehensive educational childcare programs for children ranging from six weeks to 12 years old. Founded in 1981 and headquartered in Abingdon, Maryland, Kiddie Academy has grown into one of the largest franchised early childhood education brands in the United States, with over 300 academies operating across 30+ states. The company offers a proprietary Life Essentials® curriculum designed to nurture and inspire children through a combination of cognitive, social, physical, and emotional development. Kiddie Academy emphasizes a balanced approach to early learning, incorporating technology, STEM, health and fitness, and character education.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,060 SF
Building Class
B
Year Built
2025
Price
$7,918,959 CAD
Price Per SF
$787.17 CAD
Cap Rate
6.65%
NOI
$526,611 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.78 AC
Zoning
PS-1
Frontage
290’ on CLAY ST

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Kiddie Academy
  • -
  • -
  • -
  • Aug 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Kiddie Academy - - - Aug 2040

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
38-05-26-014772-038-00
Land Assessment
$69,444 CAD
Improvements Assessment
$0 CAD
Total Assessment
$69,444 CAD
  • Listing ID: 36402959

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 1135 Clay st, Fleming Island, FL 32003

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