2006 Sun Chase Blvd
Cedar Park, TX 78613
Guidepost Montessori · Retail Property For Sale

Capital Pacific is pleased to present an opportunity to acquire a newly-renovated Guidepost Montessori School – Cypress Campus, in Cedar Park, Texas. The subject property features an attractive 20-year lease term. The lease is enhanced with 2% annual rent increases, as well as two 5-year options to extend thereafter. The lease structure is corporate NNN, with Landlord responsibility limited to structure only. (Tenant is responsible for roof.) The property is an established school site within a dense, affluent suburb of Austin, Texas. The school has been renovated and is now operating under the successful Guidepost Montessori brand and features high enrollments and full waitlist. Guidepost is the largest corporate operator of Montessori schools in the U.S. with 42 locations across the country. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE), a $100 million corporate enterprise. The property enjoys good visibility along Sun Chase Road, at Cypress Creek Road. It is located within a dense residential area in the ‘Cypress Creek’ neighborhood of Cedar Park, TX (Austin MSA). Within a 1-mile radius there are nearly 17,000 residents with average household incomes of $122,022, indicative of the wave of affluent families and economic growth in Austin. The property is only 20 minutes from Downtown Austin, making it a desirable suburb. Within walking distance from the property are a number of complementary schools, including Cedar Park Middle School, Cedar Park High School, and Austin Community College.