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Mastery Kids Academy

841 Douglas Avenue, Altamonte Springs, Florida 32714
Sold: $1,525,000
Mastery Kids Academy

Property Details

Property Type
Improved property
Building Type
Freestanding
Building Size
10,780 sqft
Land Size
1.23 acres
Zoning
PO
Year Built
1979
Roof
Modified Bitumen
Parking
Surface 5/1,000 Ratio
Construction
Masonry/Brick

Property Description

Marcus & Millichap is pleased to present the fully leased single tenant office building at 841 Douglas Avenue in Altamonte Springs, Seminole County, FL. This asset consists of a one story Class B office building totaling 10,780 rentable square feet. The subject property was built in 1979 with a concrete block and brick facade exterior. The subject property has 53 free surface parking spaces available achieving a five to 1000 parking ratio. The landscaping is mature and professionally maintained.

This is a single tenant investment deal, the tenant is a day care company operating as Mastery Kids Academy. The tenant has over 8 years remaining on the current lease with two renewal options of 10 years each. They have a NN lease structure with Landlord responsible for the exterior of the building pertaining to roof, structure, and parking. Mastery Kids serves ages of six weeks to 12 years old with infant care, pre-school, voluntary pre-kindergarten, before and after school, and summer camp.

Location

Contact

Robbie McEwan, CCIM, SIOR
Robbie McEwan, CCIM, SIOR
JLL
Office: (407) 745-3908
[email protected]