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3698 NW 15th St - Eagles Nest Charter School

31,667 SF Specialty Building Offered at $10,548,000 CAD at a 5.53% Cap Rate in Lauderhill, FL 33311

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Investment Highlights

Grades served KG- 12
Lease Term Sept. 1, 2019-Aug. 31, 2024
Tenant has exercised Option

Enrollment 2022-23 284
Options 3-5 years
Rent Type: NNN - Net Rent 2023/2024 $406,908

Executive Summary

This is a single tenant, 31,667sf, freestanding charter school. Eagles Nest Charter School, opened in 2005, has the potential and upside capacity to grow its enrollment. There are more than 21 classrooms and 50 parking spaces and school zoning in place. The lease is a NNN lease. Tenant pays all expenses and operating costs.

NEW - Sale Brochure _L_

Property Facts

Price	$10,548,000 CAD	Lot Size	2.08 AC
Price Per SF	$333 CAD	Building Size	31,667 SF
Sale Type	Investment	No. Stories	1
Cap Rate	5.53%	Year Built	1989
Property Type	Specialty	Parking Ratio	1.58/1,000 SF
Property Subtype	Schools	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$10,548,000 CAD
Price Per SF	$333 CAD
Sale Type	Investment
Cap Rate	5.53%
Property Type	Specialty
Property Subtype	Schools
Building Class	C
Lot Size	2.08 AC
Building Size	31,667 SF
No. Stories	1
Year Built	1989
Parking Ratio	1.58/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.