Little Sunshine’s Playhouse & Preschool | Triple Net (NNN) Lease
$6,769,231
17690 Edison Avenue, Chesterfield, MO 63005
For Sale
Special Purpose
Pending
Last Updated: 03/02/2021
6.5
Cap Rate
440,000
NOI
Details:
Cap Rate: 6.5%
NOI: $440,000
Building Size: 9,726 sqft
Lot Area: 1.32 acres
Year Built: 2019
Price Per Sqft: $695.99
Roof and Structure: Tenant’s Responsibility
HVAC: Tenant’s Responsibility
Repairs and Maintenance: Tenant’s Responsibility
Highlights:
- Long Term Triple Net (NNN) 15 Year Lease With Zero Landlord Responsibilities
- Corporate Guarantee and High Net Worth Personal Guarantee From the Owners
- Brand New Build-to-Suit Preschool Facility Located in the Springhill, Bluffs of Wildhorse, and Somerset Communities and Landings at Spirit Golf Club
- Little Sunshine is Nearby the Following Schools: Chesterfield Elementary, Chesterfield Academy, Barat Prep Middle and High School, The Goddard School of Chesterfield and Wild Horse Elementary
- Excellent Demographics With Over 78,507 Residents Within a 5-Mile Radius Making an Average Household Income of Over $152,015
- Situated on a Signalized Corner With Over 23,664 VPD at Edison Ave / Long Rd, a Dense Retail Corridor With National Tenants Like Home Depot, Lowe’s, Walmart Supercenter, Target and Old Navy
- Ideally Located Near the Spirit of St Louis Airport, St. Louis Premium Outlets, Chesterfield Mall and Chesterfield Commons Shopping Centers
- Just Minutes Off I-64 That Leads East Into Downtown St. Louis (25 Minutes), the 21st Largest City in the U.S. and Home to Over 2.9 Million Residents
- Chesterfield’s Top Employers are St. Luke’s Hospital (3,447 Employees) and Parkway School District (1,195 Employees)
- Neighboring Tenants Include: Walgreens, Walmart Supercenter, Lowe’s, Home Depot, Sam’s Club, Target, Chick-fil-A, Starbucks, Buffalo Wild Wings, Red Lobster, Olive Garden and the SkyZone Trampoline Par
Description:
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,726 SF Little Sunshine’s Playhouse & Preschool Located at 17690 Edison Avenue in Chesterfield, MO. This Opportunity Includes a Corporate Guarantee and High Net Worth Personal Guarantee From the Owners, Providing For a Secure Investment.
In Cooperation With Sands Investment Group
Missouri, LLC – Lic. # 2019044754
Documents:
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Offering Memorandum |
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