Retail    

Everbrook Academy

 Parker (Denver), CO

Asking Price

$7,403,049

Cap Rate

6.10%

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Under

Construction

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Lease Type

NNN

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Square Feet

12,870 SF

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Land

1.38 AC

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INVESTMENT HIGHLIGHTS

  • Brand New 2023 Construction, Surrounded by New Developments Including an In-N-Out & Several Multi-Family Developments
  • Parker is Part of the Denver MSA, ranks #2 Best Place to Live in America, and has Over 190 Developments Under Construction/Review
  • Learning Care Group is the 2nd-Largest Early Education Operator (1,000+ Locations)
    The Learning Care Group (parent to Everbrook Academy) is the 2nd largest for-profit early education operator in North America with over 1,000 locations across in 39 states and the District of Columbia. Learning Care Group is 100% corporately owned and operated and has been in business since 1967.
  • Rare 20-Year NNN Lease, Full Corporate Guaranty & Rental Increases
    Most Everbrook leases are for a term of 15 years. This lease featuring a 20-year duration demonstrating further commitment from the tenant to this site. The lease is NNN with minimal landlord responsibilities, 7.50% rental increases every 5 years and a full corporate guaranty from Learning Care Group, Inc. for the entire duration of the lease.

 

  • High Barrier to Entry Market (Denver MSA)
    Parker, CO is part of the Denver MSA and is a highly sought after market for early education operators, although it can be a challenging market to break into for a variety of reasons. The strong demand for sites in Colorado by these operators provides strong intrinsic value and backfill strength.
  • "Everbrook Academy" is Learning Care Group's High-End Brand & Caters Well to the Affluent Surrounding Community
  • Population Counts Exceed 154K in a 5-Mile Radius, 7.62% Projected Growth Within a 1-Mile Radius by '27
  • Excellent Average HH Income of $160K+ in a 5-Mile Radius, Projected Growth of 14.96% Within a 1-mile radius by '27
  • $728.9M Spent on Education & Day Care in a 10-Mile Radius

 

Exclusively Listed By

Toby Scrivner

Senior Vice President
  Contact Broker   
CO #ER1000499399

Northmarq

6120 S Yale Ave, Suite 300
Tulsa, OK 74136


northmarq.com