Academie Da Vinci Charter School Property

1058-1064 Keene Road Dunedin, FL 34698

  • 28,610 Square Feet
  • Retail
  • For Sale

Summary Description

Mike Milano, CCIM, MAI and Sean Glickman, CCIM, managing directors at Colliers International are pleased to offer for sale an opportunity to buy a property in Dunedin, FL with a paying tenant – Academie Da Vinci Charter School, that has a long history of occupancy. The subject is located just south of the busy lighted intersection of Keene Road and Main Street, which serves two successful grocery-anchored neighborhood centers occupied by Publix and Winn-Dixie.

The surrounding communities are densly populated with middle to upper class residents. The average household income within a 5-mile radius is over $65,000 and the population count is over 223,000.

Disclaimer: this offering is for the land and the improvements, of which the charter school is a paying tenant.

Price: $4,228,000.00

Lot Size: 99869 Square Feet

Building Size: 28610 Square Feet

Area Available: 28,610 Square Feet

Features:

  • This is an absolute triple net lease. Tenant pays all operating costs, taxes and insurance.
  • Academie Da Vinci’s current charter expires June 30, 2025.
  • The school has been previously renewed by the authorizer in 2010, receiving a 15 year renewal.
  • School is run by non-profit organization: Academie Da Vinci School, Inc.
  • Excellent financial health: Per most recent audit, Academie Da Vinci Charter School’s assets exceeded its liabilities by $635,684 for the close of the fiscal year ending June 30, 2017.

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