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Harbor View Learning Center

3245 Executive Drive, Clearwater, FL 33762

Current Real Estate Advisors is pleased to present the opportunity to acquire Harbor View Creative Learning Center (the “Property”), a ±6,300 SF freestanding building located on a 26,763 SF (0.61 Acre) parcel in Clearwater, FL. The site is leased to an early childhood academic operator – Once Upon a Childcare – on an Absolute NNN Lease with 8.5 years remaining. The Lease calls for annual increases of 3% as well as 2, 5-Year options.

 

The property was constructed as a build-to-suit to serve as a childcare facility. It was then extensively renovated in 2022, when Once Upon a Childcare took the space, to specifically serve the needs of the operator as they continue their expansion throughout Florida.

 

Located across the street from Raymond James’ Global HQ, the Property is strategically located within a dense residential and professional community in the Tampa-St. Petersburg-Clearwater MSA – one of the fastest growing MSAs in the country. Its centralized location is ideal for an early childhood care operation. The MSA is ranked #5 for Best Place for Young Families in Florida. Further, Clearwater has experienced an average of 11.3% population growth over the past 5 years.

 

Harbor View Creative Learning Center is a perfect fit for an investor looking for a steady, stable income stream with no Landlord responsibilities and solid underlying real estate fundamentals.

$3,850,000

6.42% Cap

8.5 Years

Absolute NNN

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