3698 15Th StLauderhill, FL 33311

This exceptional investment opportunity presents a 31,667 square foot, single-tenant charter school located at 3698 NW 15th Street, Lauderhill, Florida, 33311. The property sits on a 2.08-acre lot and is zoned IL. Built in 1989, the school currently serves students in kindergarten through 12th grade, boasting an enrollment of 284 students during the 2022-2023 school year. The property features over 21 classrooms and ample parking with approximately 50 spaces. Currently operating under a triple-net (NNN) lease, the tenant is responsible for all operating expenses. The current lease term runs from September 1, 2019, to August 31, 2024, with the tenant having exercised a renewal option. Three to five-year renewal options are available, providing long-term stability and predictable income. The asking price is $7,500,000, representing a compelling 5.53% capitalization rate with a Net Operating Income (NOI) of $415,044. The property's strategic location in Lauderhill offers convenient access to major transportation routes and is proximate to Fort Lauderdale and Miami's thriving commercial districts. Nearby amenities include Lauderhill Mall, Central Broward Park & Stadium, and Inverrary Golf & Country Club. This presents a rare opportunity to acquire a well-established, income-producing asset in a desirable South Florida location with significant growth potential. The strong tenant history and favorable lease terms make this an attractive investment for discerning buyers seeking stable returns and long-term appreciation.