The Tot Spot Day Care | Single-Tenant Absolute NNN
Below Market Rent - Long-Term Lease
Marketing description
We are pleased to present the opportunity to acquire a single-tenant, absolute NNN childcare investment in Derby, Kansas – an established southeast suburb of Wichita – 100% leased to The Tot Spot, Inc. with 10.1 years of firm term remaining, zero landlord responsibilities, and a 10-year renewal option. At $14.40 PSF, the in-place rent is well below prevailing market rates for comparable commercial use, providing the landlord with a defensible income stream and meaningful rental upside upon any future lease event. The Tot Spot is a long-tenured operator at this location, with a demonstrated enrollment track record that predates and substantiates the current lease structure.
The property fronts N Rock Road at 19,100 VPD within a well-established, nationally tenanted retail corridor in Derby. Adjacent operators include Dollar Tree (Top 86% in Kansas per Placer.ai), McDonald's (Top 79% in Kansas), and Arby's (Top 79% in Kansas) – a co-tenancy profile that reflects the sustained, high-frequency consumer traffic characteristic of Derby's most active commercial corridor and directly supports the childcare operator's visibility and accessibility to the surrounding working-parent population.
Derby is anchored by Derby Public Schools (USD 260), consistently recognized as one of the premier public school districts in the State of Kansas. The district's reputation is a primary driver of long-term residential stability in the trade area, producing a concentrated base of established family households that generate durable, recurring demand for licensed childcare services.
Exclusively Listed in association with Brian Brockman | License No. 239819
Investment highlights
✓ Absolute NNN Lease – Zero Landlord Responsibilities
- 10.1 Years of Firm Term Remaining Through August 4, 2036
- Taxes, Insurance, CAM, Roof & Structure All Tenant Responsibility
✓ Strong Placer.ai Trade Area – Top-Performing National Retailers
- Dollar Tree: Top 86% in Kansas
- McDonald's: Top 79% in Kansas
- Arby's: Top 79% in Kansas
✓ Below-Market Rent – $14.40 PSF
- Well Below Prevailing Retail Rents Along the N Rock Road Corridor
- In-Place Rent Provides Significant Landlord Protection Under Any Lease Continuity Scenario
✓ Long-Tenured, Proven Operator
- Established Operating History at This Location Prior to and Independent of the Current Lease
- Demonstrated Enrollment Stability Reinforcing Long-Term Tenant Commitment to the Site
✓ High-Traffic Location – 19,100 VPD on N Rock Road
- Primary Commercial Corridor Through Derby's Most Active Retail Node
✓ Derby USD 260 – One of the Premier Public School Districts in Kansas
- District Reputation Drives Long-Term Residential Stability & Concentrated Family Household Demand
✓ Established Family Residential Market – Derby, KS
- Fully Built-Out, Long-Tenured Suburban Community with Durable Childcare Demand Base
✓ Bite-Size NNN Investment
- Accessible Equity Requirement with Long-Term Absolute NNN Lease & Proven Operator in Place
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