Operations
Leases
Facility lease register — landlords, terms, rent escalations, renewal options, and notice deadlines. Charter School Capital Outlay can service qualifying lease payments.
2 leases have renewal/notice deadline within 120 days. LRA Riverside Heights (Sep 30, 2026), Northstar High - Westgate (Aug 31, 2026).
Leased facilities
7
197,100 sq ft
Annual rent
$3.42M
$17/sq ft blended
Notice deadlines ≤120d
2
2 expiring ≤ 12mo
Capital Outlay-eligible rent
$3.18M
reimbursable from Capital Outlay
Part of fixed facility obligations
Enrollment break-even
Lease-vs-own
3 of 7 carry a purchase option
| Campus / landlord | Type | Term | Annual rent | $/sq ft | Escalation | Renewal | Notice by | Status |
|---|---|---|---|---|---|---|---|---|
| Northstar High - Westgate Broward Ed Properties, LLC· CO-eligible | Building Gross | Aug 1, 2018 → Jul 31, 2027 | $470,000 | $16 | Flat | 1 × 5 yr | Aug 31, 2026 · 42d | Notice due |
| LRA Riverside Heights Bayfront Properties, Inc.· CO-eligible | Building NNN | Jul 1, 2021 → Dec 31, 2026 | $610,000 | $16 | CPI | 2 × 5 yr | Sep 30, 2026 · 72d | Notice due |
| LRA Meadowbrook Elementary Modular Space Co. Solutions· CO-eligible· purchase option | Portable / Modular 12 modular units | Jun 1, 2024 → May 31, 2027 | $180,000 | $19 | Flat | MTM after term | Feb 28, 2027 | Expiring ≤ 12mo |
| LRA Coral Way Riverside Holdings, LLC· CO-eligible | Building NNN | Jul 1, 2023 → Jun 30, 2028 | $520,000 | $16 | 3% annual | 1 × 5 yr | Dec 31, 2027 | Active |
| LRA Gulf Coast Coastal Realty Partners, LLC· CO-eligible· purchase option | Building NNN | Aug 1, 2019 → Jul 31, 2029 | $680,000 | $16 | 3% annual | 1 × 5 yr | Jul 31, 2028 | Active |
| LRA Royal Palm Gulfstream Land Co.· purchase option | Land / Ground Ground lease | Jan 1, 2020 → Dec 31, 2030 | $240,000 | — | Flat | 1 × 10 yr | Dec 31, 2029 | Active |
| LRA Heron Point Central FL School Facilities, LLC· CO-eligible | Building NNN | Aug 1, 2022 → Jul 31, 2032 | $720,000 | $16 | 2.5% annual | 2 × 5 yr | Jul 31, 2031 | Active |