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Office For Sale • 10,061 SF
| Single-Tenant Tierra Encantada in Affluent Kansas City Suburb: New long-term absolute NNN corporate lease |
| Rare 3% Annual Increases During the Base Term and Each of the Two 5-Year Options; Nearly 35% Growth to the NOI During the Primary Term |
| Low Price Point Due to Major Capital Invested by Tenant: $2.5 million of improvements done at the tenant’s sole cost and expense |
| About the Operator - Tierra Encantada: Tierra Encantada is a steadily expanding provider of bilingual early childhood education |
| Recognized as a Top New and Emerging Company, Tierra Encantada is Considered a Leader in Spanish Immersion Early Education, Operating 20 Locations |
| Dense, Affluent, High-Growth Trade Area; Ideal Demographics for a Child Learning Center: AHHI’s of nearly $190,000 within a 3-mile radius |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Tierra Encantada | 12/31/2035 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Kansas City International | 49 min | - | 38.3 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 58 |
| Type: | Surface |
| Included in Rent: | Yes |
