Bounce Preschool
Retail | 7.50% CAP | 6,380 SqFt
Marketing description
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a single tenant Bounce ABA Preschool located at 15 Pinecrest Drive in Essex Junction, Vermont (the "Property"). This is a sale-leaseback of a free-standing 6,380 square foot building on a 0.69-acre parcel of land. Bounce ABA Preschool will sign a new 15-year Absolute NNN Lease, with three (3), 5-year renewal options upon the close of escrow. The lease calls for attractive 1.5% annual rent increases throughout the base term and each of the renewal options.
The Property enjoys a strategic location on Pinecrest Drive, just moments from Susie Wilson Road and Pearl Street (VT Route 15), two of Essex Junction's most heavily traveled commercial and commuter routes. Situated within a vibrant retail and employment corridor, the Property benefits from proximity to major national retailers such as Lowe's, Walgreens, and Starbucks, along with a diverse mix of local businesses, restaurants, and service providers. The surrounding area is further strengthened by a significant industrial presence, including the nearby Global Foundries and Keurig Green Mountain campuses, which serve as a major employment driver and contribute to consistent consumer activity. The Property is also approximately two miles from Saint Michael's College and the Fanny Allen campus of the University of Vermont Medical Center, while nearby residential neighborhoods provide a stable and recurring customer base. Excellent access to VT Routes 15, 2A, 117, and 289, as well as US Route 2 and Interstate 89, provides seamless connectivity throughout the Burlington metropolitan area and surrounding communities.
Essex Junction is a vibrant and growing community located in northwestern Vermont, approximately seven miles east of downtown Burlington. Historically a railroad hub and industrial center, Essex Junction has evolved into one of the region's most desirable residential and employment destinations while maintaining its small-town character.
Investment highlights
LEASE TERM: Bounce ABA Preschool will sign a 15-year Absolute NNN Lease with three (3), 5-year renewal options upon close of escrow.
ATTRACTIVE RENT INCREASES: The Bounce ABA Preschool lease calls for attractive 1.5% annual rent increases throughout the primary lease term and renewal options, providing the investor with an attractive increase in revenue and hedge against inflation.
DYNAMIC TENANT: Bounce ABA Preschool is a specialized provider of Applied Behavior Analysis (ABA) therapy and autism-focused early childhood education services, serving families throughout New Jersey and Vermont. The organization operates a growing network of state-of-the-art ABA preschool centers and in-home therapy programs designed to support children with autism spectrum disorder through individualized, evidence-based treatment plans. The company operates multiple locations, including centers in Matawan and Freehold, New Jersey, as well as Colchester and Essex Junction, Vermont, with continued expansion initiatives supporting its regional growth platform.
ZERO MANAGEMENT RESPONSIBILITIES: Bounce ABA Preschool has an Absolute NNN Lease and is responsible for real estate taxes, insurance, common area maintenance and all repairs and replacements of the premises making it an attractive investment for the passive real estate investor.
DURABLE TENANCY: Bounce ABA Preschool benefits from several characteristics commonly associated with durable tenancy. The demand for autism-related services has increased substantially across the United States as diagnosis rates have risen and early intervention has become more widely recognized as a critical component of long-term developmental outcomes. As a result, ABA therapy providers occupy an essential role within the healthcare and educational services sectors, serving a growing and highly specialized need that is largely insulated from traditional economic cycles. Many services are reimbursed through commercial insurance plans and government-supported healthcare programs, creating a diversified revenue stream that supports operational stability.
CONVENIENT LOCATION: The property is well located along Pine Crest Drive and is seconds from Susie Wilson Road and Pearl Street (VT Route 15), two of the area's primary commercial and commuter corridors. The Property's proximity to VT Routes 15, 2A, 117 and 289, US Route 2 and Interstate 89 offering outstanding regional connectivity to customers residing in Burlington and the surrounding communities.
HIGH TRAFFIC COUNTS: On average more than 22,100 vehicles pass near the Property along Susie Wilson Road and an additional 18,900 vehicles pass nearby along Pearl Street (VT Route 15).
DEMOGRAPHICS: Approximately 32,000 people live within 3 miles of the Property with an average household income of $116,514. More than 91,100 people live within 5 miles of the Property with an average household income of $113,092. Additionally, there are more than 70,200 employees within 5 miles of the Property.
TRADE AREA: Additional Businesses, attractions, retailers and restaurants driving traffic to the area include Saint Michael's College, the Fanny Allen campus of the University of Vermont Medical Center, Global Foundries, Keurig Green Mountain, Lowe's, Essex Junction Market, Planet Fitness, Tractor Supply Co, Kinney Drugs, Walgreens, AutoZone, Advance Auto Parts, Dollar General, Starbucks, McDonald's, Wendy's, KFC, Domino's, Dunkin' and Subway.
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