Investment Overview

Marcus & Millichap is offering for sale the Little Treehouse Early Learning Academy along El Sendero Street in San Antonio, Texas. The Little Treehouse brand operates a total of four locations around San Antonio and has occupied this particular site since 2021. The lease is also personally guaranteed by the operator. In March of 2026 the tenant will incur their first 5-year rental escalation at which point they will be paying $5,300 each month or $63,600 annually. The lessee operates under a NNN lease where they pay all utilities, insurance, landscaping, parking lot maintenance, and security fees directly. The tenant is also responsible for regularly scheduled HVAC services and will pay up to $2,000 in repairs on an annual basis. On an annual basis the tenant will be responsible for a maximum of $2,000 for plumbing, $2,000 for electrical repairs, $2,000 for sewer repairs, and $2,000 for any drainage repairs; Lessor is responsible for expenses in excess of $2,000 per year for plumbing, electrical, HVAC, and drainage. Lessor is responsible for roof, exterior wall and structural repairs and/or replacement as needed. The subject property is located in a dense residential part of northern San Antonio that’s generally considered suburban and family-oriented. The broader surrounding neighborhood includes single-family homes built mostly from the 1970s onward and some newer housing developments. More than 108,000 people live within three miles of the subject property and the average household income is nearly $88,000.