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Get In TouchLittle Sunshine’s Playhouse – Castle Rock, CO
Little Sunshine's Playhouse
3773 Limelight Avenue, Castle Rock, CO 80109, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,242 SF Little Sunshine’s Playhouse NNN Asset Located at 3773 Limelight Ave in Castle Rock, CO. This Deal Includes a Brand New Facility With a Long- Term Triple Net (NNN) 15-Year Lease and No Landlord Responsibilities, Providing Durable Income Backed By a Strong National Operator.
- Founded in 2002, Little Sunshine’s Playhouse & Preschool Operates Nearly 36 Early Learning Centers Located Across 11 States
- Castle Rock, a Suburb of South of Denver, is 40 Miles From Denver International Airport (DEN)
- Brand New Facility With Long-Term Triple Net (NNN) 15-Year Lease and No Landlord Responsibilities
- 10 Elementary Feeder Schools Within a 5-Mile Radius
- Average Household Income of $180,710 and a Population of 81,407 Residents Within a 5-Mile Radius
- Affluent Demographics Position the Community Toward Premium Childcare Enrollment and Strong Tuition-Based Operations
- Adjacent to a Booming Retail & Entertainment Corridor—Including The Promenade and Outlets at Castle Rock
- Within 3 Miles, 6,000 New Residential Units Are in Development or Under Construction- Including Parterre Master-Planned Community, Dawson Trails, and Crystal Valley Ranch
In Cooperation With Sands Investment Group – Lic. #1000070604 BoR: Max Freedman – Lic. CO #100070604
Little Sunshine's Playhouse
3773 Limelight Avenue, Castle Rock, CO 80109, USA
LITTLE SUNSHINE’S PLAYHOUSE
Little Sunshine’s Playhouse & Preschool offers a safe, secure & nurturing environment through our Distinctive Services and proprietary, Reggio Emilia inspired curriculum. We maintain a reputation of unrivaled distinction in preschool and early childhood education making us a sought after, premier private preschool program. Little Sunshine’s Playhouse began in as in inhome preschool in 1998. After much success, the superior preschool program and the Reggio Emilia approach our founding students began the Little Sunshine’s legacy. Through passion, determination, and vision, the first official Little Sunshine’s Playhouse & Preschool® was born in 2002. Today Little Sunshine’s Playhouse passionately serves thousands of families and provides quality early educational care to children ages 6 weeks to 6 years.
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Little Sunshine’s Playhouse- Nashville, TN
Hendersonville, Tennessee
Cap Rate: 6.65%
$7,500,000
Available
Price
$7,950,000
Cap Rate
6.65%
PREMISES
11,242 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
07/31/2040
Lease Type
NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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