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Net Leased - Kid City USA - Lake City 522 NW Turner Rd 7,721 SF Retail Building Lake City, FL 32055 $3,557,288 CAD ($460.73 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate backed Guarantee
  • Kidcityusa.com
  • 15 Year NNN Lease with two 5 year options to renew

EXECUTIVE SUMMARY

Located in a prime residential area west of I-75 on State Road 90 in the rapidly growing community of Lake City, Florida’s “Gateway”. This 2002-built concrete block daycare facility is secured by a corporate-backed 15-year Triple Net (NNN) lease with Kid City USA, with zero landlord responsibilities. Kid City is a nationally recognized childcare provider
with over 20 years in business and 120+ locations. The 7,100± SF property features a new roof (2023), efficient HVAC systems (Two replaced in 2025), hurricane-rated construction. Just one hour from Jacksonville International Airport and Gainesville Regional Airport. Lake City benefits from strong demographics, 90,000+ daily interstate travelers, and Florida’s income tax-free business environment, offering investors a stable, long-term opportunity.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,721 SF
Building Class
B
Year Built
2003
Price
$3,557,288 CAD
Price Per SF
$460.73 CAD
Cap Rate
7%
NOI
$249,010 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.22 AC
Zoning
A-1 - RSF-2
Parking
16 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
217’ on NW Turner Rd

ABOUT 522 NW TURNER RD , LAKE CITY, FL 32055

Located in a prime residential area west of I-75 on State Road 90 in the rapidly growing community of Lake City, Florida’s “Gateway”. This 2002-built concrete block daycare facility is secured by a corporate-backed 15-year Triple Net(NNN) lease with Kid City USA, with zero landlord responsibilities. Kid City is a nationally recognized childcare provider with over 20 years in business and 120+ locations. The 7,100± SF property features a new roof (2023), efficient HVAC systems (Two replaced in 2025), hurricane-rated construction. Just one hour from Jacksonville International Airport and Gainesville Regional Airport. Lake City benefits from strong demographics, 90,000+ daily interstate travelers, and Florida’s income tax-free business environment, offering investors a stable, long-term opportunity.

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Kid City USA Inc
  • Health Care and Social Assistance
  • -
  • -
  • Jul 2040
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Kid City USA Inc Health Care and Social Assistance - - Jul 2040

NEARBY MAJOR RETAILERS

Ellianos Coffee
The Human Bean

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-3S-16-02440-007
Land Assessment
$62,235 CAD
Improvements Assessment
$447,806 CAD
Total Assessment
$510,041 CAD
  • Listing ID: 35668584

  • Date on Market: 2025-04-29

  • Last Updated:

  • Address: 522 NW Turner Rd, Lake City, FL 32055

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