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Child Care

Merryhill Preschool

7335 Park City Dr, Sacramento, CA 95831

Listing Price: $3,797,000

Cap Rate
7.00%
Tenant Name
Merryhill Preschool (Spring Education Group)
Years Remaining On Lease
1.4
Gross SF
11,448
Guarantor
Corporate Guarantee
Rentable SF
11,448
Price/Gross SF
$331.67
Lease Type
Absolute Net
Rent Per Square Feet
$23.22

Investment Overview

Merryhill School was founded in 1949 in downtown Sacramento, California. Today, Merryhill School has approximately 28 locations in California, Nevada, Colorado, and Texas. Its locations offer preschool, a private elementary and middle school, summer camp, and before- and after-school programs.

Sacramento is the capital city of California and the seat of Sacramento County, located at the confluence of the Sacramento River and the American River in the northern portion of California’s expansive Central Valley.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Multiple Renewal Options and Rent Increases Occurring Every Two Years
  • Corporate Guaranty by Spring Education Group, a Multi-brand Education Network Composed of Over 215 Schools in 19 States
  • Average Household Income Exceeds $130,000 Within a One-Mile Radius
  • Densely-Populated Trade Area in Sacramento - 253,910 Residents within a Five-Mile Radius
  • Easily Accessible Location Immediately Off the Interstate Five (Approximately 117,000 Cars per Day), Providing a Direct Route to Downtown Sacramento
  • Located within Sacramento's Pocket-Greenhaven Neighborhood, an Affluent Area with Waterfront Homes, Parks, Trails, and Excellent Schools

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s) CA: 01238010

    California

Financing By

Child Care

Merryhill Preschool

Listing Price: $3,797,000

Cap Rate
7.00%
Tenant Name
Merryhill Preschool (Spring Education Group)
Years Remaining On Lease
1.4
Gross SF
11,448
Guarantor
Corporate Guarantee
Rentable SF
11,448
Price/Gross SF
$331.67
Lease Type
Absolute Net
Rent Per Square Feet
$23.22

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with Multiple Renewal Options and Rent Increases Occurring Every Two Years
  • Corporate Guaranty by Spring Education Group, a Multi-brand Education Network Composed of Over 215 Schools in 19 States
  • Average Household Income Exceeds $130,000 Within a One-Mile Radius
  • Densely-Populated Trade Area in Sacramento - 253,910 Residents within a Five-Mile Radius
  • Easily Accessible Location Immediately Off the Interstate Five (Approximately 117,000 Cars per Day), Providing a Direct Route to Downtown Sacramento
  • Located within Sacramento's Pocket-Greenhaven Neighborhood, an Affluent Area with Waterfront Homes, Parks, Trails, and Excellent Schools

Investment Overview

Merryhill School was founded in 1949 in downtown Sacramento, California. Today, Merryhill School has approximately 28 locations in California, Nevada, Colorado, and Texas. Its locations offer preschool, a private elementary and middle school, summer camp, and before- and after-school programs. Sacramento is the capital city of California and the seat of Sacramento County, located at the confluence of the Sacramento River and the American River in the northern portion of California’s expansive Central Valley.

Exclusively Listed By

Broker of Record

  • Tony Solomon

    Senior Managing Director, Market Leader - Los Angeles

    (310) 909-5450

    License(s): CA: 01238010

    California

Financing By

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