Elite Silicon Slopes Private School NNN Investment (2.843%)
Special Purpose | 5.70% CAP | 24,000 SqFt
Marketing description
Liahona Preparatory Academy is a K-12 LDS based private Christian school located in Pleasant Grove, Utah. The school was founded in 1998 and moved into a new facility on the current site in 2007. The school did a sale leaseback of their campus in 2018. The building was expanded to its current 24,000 SF facility in 2021. The school has an on-campus student body of 260 and was a pioneer of online learning where they serve hundreds of students world wide. It has a nationally acclaimed theatre program and carries the following rankings by NICHE: #1 Best College Prep Private School in Utah County; #1 Best Christian High School in Utah; #1 Best Christian High School in Utah County; and #1 Best Christian High School in the Salt Lake City Area.
Investment highlights
The school was founded in 1998. The current ownership acquired the school in 2018. In the past six years both enrollment and profitability have steadily increased. There are over 16 years left on the base lease
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