Daycare Center For Sale • 4,527 SF
Stable Income: New 5-year lease with an established Montessori school tenant. |
Growing Rental Income: 3% annual increases in years 3-5. |
High Cap Rates: Attractive cap rates starting at 6.36% in Year 1, increasing to 7.46% by Year 5. |
Triple Net Lease (NNN): Tenant responsible for all operating expenses, reducing landlord responsibilities. |
Prime Location: Situated in Westminster, CO, a thriving community with a robust demand for childcare services. |
Secure Tenant: Shapes of Tomorrow Montessori, a well-established tenant with a strong presence and reputation in the community. |
Cap Rate: | 6.36 % |
Tenant | SF Occupied | Lease End Date |
---|---|---|
Radiance Day Care | 4,527 SF | 6/1/2029 |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
Westminster Station N-Bound (Union Station to Westminster Station - Regional Transportation District) | 5 min | - | 2.3 mi |
Westminster Station S-Bound (Union Station to Westminster Station - Regional Transportation District) | 5 min | - | 2.5 mi |
Airport | Drive | Walk | Distance |
Denver International | 38 min | - | 29.4 mi |
Parking Available: | Yes |
Reserved: | No |
Type: | Surface |
Included in Rent: | Yes |