Coastal Kids Academy | 14+ Years Remaining | 2%… — Sale in Melbourne, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Melbourne, FL 32904

Photos

Coastal Kids Academy | 14+ Years Remaining | 2%… — Sale in Melbourne, FL, photo 1 of 4
Coastal Kids Academy | 14+ Years Remaining | 2%… — Sale in Melbourne, FL, photo 2 of 4
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Coastal Kids Academy | 14+ Years Remaining | 2%… — Sale in Melbourne, FL, photo 4 of 4

Investment Figures

Cap rate
7.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a Coastal Kids Academy located in Melbourne, FL. Investment Highlights: • 14+ Years Remaining with 2.00% Annual Increases in Rent • High Traffic Outparcel to BJ's Wholesale Club with over 65,000 Cars Per Day • Over $97,000,000 Spent on Education and Daycare in a 5-Mile Radius • Demand For Child Care Remains Extremely Strong

Market Context

This retail in Melbourne, FL is listed for sale. It is offered at an approximate 7.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Melbourne, FL — view the full market.

Estimated Price per SF

$63.23/SF – $459.84/SF

Mid: $191.60/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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