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Attributes
Year Built | 2022 |
Building Area Net |
|
Land Area Net |
|
Occupancy | 100.0 % |
Call for Offers | 2022-03-01 |
Asset Description
Jones Lang LaSalle (“JLL”) Capital Markets, Net Lease is pleased to exclusively offer a premier net lease opportunity to acquire a single tenant Kiddie Academy located in Aurora, CO in the Denver MSA – the #2 ranked “Best Place to Live” in the United States. This Kiddie Academy pays attractive 10% rent increases on a 20-year absolute NNN lease. The Property is well-positioned near the corner of the highly-trafficked intersection of E Quincy Ave and Highway E-470, with the two roads combining for over 59,000 vehicles per day which pass by Kiddie Academy. Over 109,000 people live within 3 miles of the Property with an average household income of $121,000.
Investment Highlights
- Brand-New Long-Term Absolute NNN Lease with Attractive 10% Rent Increases
- Newly Constructed Building with State-of-the-Art Interior Build-Out
- Signalized Intersection on Quincy Ave (17,860 VPD) next to Starbucks
- Overwhelming Childcare Demand of over 26,000 Potential Customers within 3 Miles
- Explosive Residential Growth Surrounding the Property
- Market-Leading Brand and Innovative Educator with Over 220 National Locations
- Avg. Household Income of $132,000 and 5.8% Projected Population Growth within 1 Mile
- Rise of Dual-Income Households Seeking High-Quality Childcare
- Denver MSA – Home to 4 of the Top 5 Best Places to Live in 2020 (U.S. News)
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