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Property Details

  • Price $3,665,414
  • Cap Rate 6.65%
  • Tenancy Single
  • Property Type Education | Childcare
  • Building Size 15,936 SF
  • Year Built 2005
  • Year Renovated 2024

Investment Highlights

  • 14-Year Absolute NNN Lease with No Landlord Responsibilities
  • Rare 2.5% Annual Increases
  • Lease Signatory is the Corporate Entity That Operates All Locations
  • Tenant Extend Lease Early Showing Dedication to Site
  • Cadence is Ranked #7 in the Top 50 with Over 300+ Locations Nationally and Has Been in Business 30+ Years
  • 100% Corporate, No Franchising
  • Strong Private Equity Backing from Apex Partners with a 40+ Year History and has a $77 Billion Track Record
  • Excellent Average HH Income of $157k+, Projected to Grow 10% by ‘30
  • Nearby National Brands Include Costco, Lowe’s, Walmart, Chick-fil-A, Publix, Kroger, The Home Depot, Target and More

Team

Education Properties Group

in Association with Scott Reid & ParaSell, Inc |(949) 942-6585 | A Licensed Kentucky Broker #260997