Listed by CP Partners
$5,485,000
The Nest Schools
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 12,000
Cap Rate 7.5%
NOI $411,104
Occupancy 100%
Tenancy Single
Brand/Tenant The Nest Schools
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/30/2040
Rent Bumps Yes
Lease Options Two, 5-Year
Price per SqFt $457
Year Renovated 2024
Buildings 1
Acreage 2.500
Investment Type Net Lease
Lease Commencement 05/31/2024
Ground Lease No
Full Term Corporate Guaranty | Huge Enrollments (Speak with Agent)
Marketing description
A 15-year absolute net Nest School lease featuring above market 2.25% annual rental increases after Year 7 and backed by a full-term corporate guaranty. Numerous factors provide great intrinsic value for any potential investor include replaceable rent ($34/sf), large lot size (2.50 acres), and low price per foot ($457).
Investment highlights
- Brand-new 15-year lease featuring above market 2.25% annual rental increases
- Absolute NNN structure making this a truly “hands-off” investment
- Lease features a full-term corporate guaranty
- Strong intrinsics – rent at $34/ft and price per foot of $457
- Huge enrollments (speak with Agent)
- Large 2.50 acre lot
- Nine-figure corporate revenues in 2025 (speak with Agent)
- Affluent parent demos – $96K average household incomes within a 5-mile radius of the subject property
Listing Contacts
Listed by CP Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$411,104.00
$34,258.67/mo
Valuation Metrics
0
DSCR
7.5%
Cap Rate
7.5%
ROI
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