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Little Sunshine's Playhouse
179 Maple Drive - Hendersonville, TN 37075
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,139 SF Little Sunshine’s Playhouse Located at 179 Maple Drive in Hendersonville, TN. This Deal Includes a Brand New Preschool Facility With Long Term Triple Net (NNN) 15-Year Lease With No Landlord Responsibilities and 8 Elementary Feeder Schools Within a 5-Mile Radius, Providing For a Secure Investment.
- Founded in 2002, Little Sunshine’s Playhouse & Preschool Operates Nearly 40 Early Learning Centers Located Across 11 States
- Best-In-Class Operator, True Corporate Guarantee, Ask Us About Financials
- Hendersonville, a Suburb of Nashville, is a 30 Minute Drive From Nashville International Airport (BNA)
- Brand New Preschool Facility With Long-Term Triple Net (NNN) 15-Year Lease and No Landlord Responsibilities
- Average Household Income of $114,405 and a Population of 98,115 Residents Within a 5-Mile Radius
- 8 Elementary Feeder Schools Within a 5-Mile Radius
- Since 2023, Hendersonville Has Allocated $23+ Million For Key Infrastructure Projects to Improve Traffic Flow and Support Growth
- Tennessee is an Income Tax Free State
In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394
Little Sunshine's Playhouse
179 Maple Drive - Hendersonville, TN 37075
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. They maintain a reputation of unrivaled distinction in preschool and early childhood education, making them a sought-after, premier private preschool program. Their facilities serve as a castle for a “once upon a time” experience, enabling each child to develop their imagination and grow at their own pace. Imbued throughout with old-world appeal, our facilities are uniquely designed to maximize each child’s personal experience. In conjunction with enhanced interiors, our preschools include features like a theater, nature center, age-appropriate playground equipment, and many more.
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Cap Rate: 6.75%
$2,669,629
Available
Price
$7,500,000
Cap Rate
6.65%
PREMISES
12,139 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
04/30/2040
Lease Type
NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
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.
By filling in your information and submitting this form, you are accepting the terms of this agreement.