We’re excited to announce that the Kid City USA – Lake City investment property, located at 522 NW Turner Avenue, Lake City, Florida, is officially under contract.
This 7,100± SF concrete block daycare facility, built in 2003, drew significant investor attention for its corporate-backed 15-year triple net (NNN) lease with Kid City USA, a nationally recognized childcare provider with over 120 locations nationwide. With a 7% cap rate, zero landlord responsibilities, and strong regional demographics, this asset represented a stable, long-term investment opportunity in one of North Florida’s fastest-growing markets.
Located just west of I-75 and State Road 90, the property benefits from Lake City’s rapid residential and commercial expansion, its proximity to Gainesville and Jacksonville, and Florida’s business-friendly, income tax-free environment.
Congratulations to our client and all parties involved on reaching this exciting stage.
If you’re an investor looking for income-producing commercial real estate opportunities throughout North Central Florida, connect with Eric Ligman, Director of the Commercial & Land Division at Bosshardt Realty Services, to learn about similar listings coming soon.
Eric Ligman
Director, Commercial & Land Division
Bosshardt Realty Services
EricLigman@BosshardtRealty.com | 352-256-2112
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