
Primrose School
New 20-Year NNN Lease in Denver MSA
Marketing description
Wheat Ridge is a mature, well-established community on the west side of the Denver metro, offering residents a "close-in" suburban lifestyle with quick access to major job centers, shopping, and services. The city's size (about 32,000 residents as of the July 1, 2024 estimate) helps it feel neighborly and navigable, while still benefiting from the economic gravity of the broader metro area.
Economically, Wheat Ridge tends to reflect a stable, middle-to-upper income suburban market supported by both local businesses and commuters working across the Denver region. The city's median household income is about $87,598 (2019-2023, in 2023 dollars), and retail activity is meaningful, with retail sales per capita reported around $32,109 (2022). These indicators point to a community with consistent consumer demand-helpful for service-based operators like early education providers that rely on predictable household spending.
Demographically, Wheat Ridge skews slightly older than many fast-growth suburbs, with a median age around 42.1. That age profile often signals a balanced mix of long-time homeowners, established professionals, and families who have chosen the area for stability and convenience rather than being a brand-new "starter-home" market. In practical terms, it can mean steady enrollment patterns for child care-fewer boom-and-bust swings-and a community that values quality-of-life services close to home.
Overall, Wheat Ridge offers a strong case for a child care or early education facility: stable population scale, solid household incomes, and day-to-day patterns that reward convenient, high-trust services. Add in the city's established housing base and family-oriented neighborhoods, and the market tends to favor providers who can deliver consistent quality, safety, and curriculum-especially for the most supply-constrained ages (infants and toddlers). In a community that blends local stability with metro access, a thoughtfully positioned center can become a go-to resource for busy families who want excellent care close to home.
Investment highlights
- Single-Tenant, Net-Lease Preschool
- Absolute NNN lease type with 20-Year Term
- New Build with 2026 Commencement
- 14,502 +/- Building Square Feet
- 13,160 +/- Playground Square Feet
- 1.62 Acres +/- Lot Size
- 194 Children +/- Childcare Licensing Capacity
- Located in Wheat Ridge, CO (Denver MSA)
- Two Personal & Limited Corporate Guarantors
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