1245 Tenderfoot Hill Rd
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1245 Tenderfoot Hill Rd
8,439 SF Retail Building Colorado Springs, CO 80906 $7,979,241 CAD ($945.52 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-YEAR ABSOLUTE NNN LEASE WITH ZERO LANDLORD RESPONSIBILITIES
- 216,653 RESIDENTS IN PRIMARY TRADE AREA WITH AN AVERAGE HOUSEHOLD INCOME OF $94,157
- HARD CORNER AT SIGNALIZED INTERSECTION WITH 21,493 VEHICLES PER DAY
EXECUTIVE SUMMARY
• 15-Year Absolute NNN Lease – zero landlord responsibilities
• 10% Rent Increases Every 5 Years – including the two, 10-year renewal options
• School is Fully Enrolled – with a year-long wait-list of over 100
• Rare Corporate and Personal Guarantees – from founders of Little Sunshine’s Playhouse & Preschool
• Top 50 Early Education Operator – 35 schools nationally with strong growth plans
• Ranked “Fastest Growing Private Companies” - by Inc. 5000 for the past 6 years
• 10% Rent Increases Every 5 Years – including the two, 10-year renewal options
• School is Fully Enrolled – with a year-long wait-list of over 100
• Rare Corporate and Personal Guarantees – from founders of Little Sunshine’s Playhouse & Preschool
• Top 50 Early Education Operator – 35 schools nationally with strong growth plans
• Ranked “Fastest Growing Private Companies” - by Inc. 5000 for the past 6 years
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,439 SF
Building Class
C
Year Built
2014
Price
$7,979,241 CAD
Price Per SF
$945.52 CAD
Cap Rate
6.25%
NOI
$498,743 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.03 AC
Zoning
PBC
Parking
29 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 64322-01-093 | Improvements Assessment | $447,031 CAD |
| Land Assessment | $244,513 CAD | Total Assessment | $691,544 CAD |
PROPERTY TAXES
Parcel Number
64322-01-093
Land Assessment
$244,513 CAD
Improvements Assessment
$447,031 CAD
Total Assessment
$691,544 CAD
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1245 Tenderfoot Hill Rd
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