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2905 11th Ave - Merryhill School 15,092 SF Specialty Building Offered at $13,355,000 at a 5.50% Cap Rate in Sacramento, CA 95817
INVESTMENT HIGHLIGHTS
- Leased to Merryhill School, part of Spring Education Group, the largest private school operator in the U.S.
- National operator with a portfolio of more than 200 schools, offering institutional-level credit quality.
- Located just south of Downtown Sacramento (metro population of 2,269,000), & centrally located within the most prominent and desirable neighborhoods.
- Merryhill School has operated their elementary and middle school just two miles away for more than 20 years
- Consistent occupancy and enrollment levels support long-term operational viability.
- Early childhood education is a critical, non-discretionary service, maintaining demand through economic cycles.
EXECUTIVE SUMMARY
The YAFC Team is pleased to exclusively present the opportunity to acquire a single-tenant
net-leased Merryhill School, located at 2905 11th Avenue in Sacramento, California. This newly
built early childhood education facility is operated and guaranteed by Spring Education Group,
the nation’s largest and most established private school operator, and offers investors a stable,
recession-resistant asset with long-term income and growth.
Merryhill School has been established within the community for more than 20 years at their
nearby campus hosting elementary through high school, underscoring its strong performance
and deep roots in the community. The property is strategically positioned within one of the
most desirable neighborhoods of Sacramento, Curtis Park and in proximity to Land Park,
Hollywood Park and East Sacramento. The surrounding neighborhoods have seen significant
reinvestment and revitalization, attracting young professionals and families who value quality
early education options with limited options given the infill location. This location is designed to
focus on early childhood education from infants up to Pre-Kindergarten.
The lease features a long-term net structure with built-in annual rent increases on a 20-year NNN
Lease. The operator, Spring Education Group, the largest private school operator in the country,
oversees a national portfolio of more than 200 schools, reinforcing the institutional quality of
the tenant and the long-term viability of the site. The property was completely remodeled with
significant capital invested to accommodate the school’s specific design
net-leased Merryhill School, located at 2905 11th Avenue in Sacramento, California. This newly
built early childhood education facility is operated and guaranteed by Spring Education Group,
the nation’s largest and most established private school operator, and offers investors a stable,
recession-resistant asset with long-term income and growth.
Merryhill School has been established within the community for more than 20 years at their
nearby campus hosting elementary through high school, underscoring its strong performance
and deep roots in the community. The property is strategically positioned within one of the
most desirable neighborhoods of Sacramento, Curtis Park and in proximity to Land Park,
Hollywood Park and East Sacramento. The surrounding neighborhoods have seen significant
reinvestment and revitalization, attracting young professionals and families who value quality
early education options with limited options given the infill location. This location is designed to
focus on early childhood education from infants up to Pre-Kindergarten.
The lease features a long-term net structure with built-in annual rent increases on a 20-year NNN
Lease. The operator, Spring Education Group, the largest private school operator in the country,
oversees a national portfolio of more than 200 schools, reinforcing the institutional quality of
the tenant and the long-term viability of the site. The property was completely remodeled with
significant capital invested to accommodate the school’s specific design
PROPERTY FACTS
| Price | $13,355,000 | Building Class | C |
| Price Per SF | $884.91 | Lot Size | 1.54 AC |
| Sale Type | Investment | Building Size | 15,092 SF |
| Cap Rate | 5.50% | No. Stories | 2 |
| Sale Condition | 1031 Exchange | Year Built/Renovated | 1948/2025 |
| Property Type | Specialty | Parking Ratio | 4.84/1,000 SF |
| Property Subtype | School | ||
| Zoning | R-1 and C-2 | ||
| Price | $13,355,000 |
| Price Per SF | $884.91 |
| Sale Type | Investment |
| Cap Rate | 5.50% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.54 AC |
| Building Size | 15,092 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1948/2025 |
| Parking Ratio | 4.84/1,000 SF |
| Zoning | R-1 and C-2 |
AMENITIES
- Bus Line
- Commuter Rail
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,511,724 | |
| Land Assessment | $1,804,051 | Total Assessment | $3,315,775 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,804,051
Improvements Assessment
$1,511,724
Total Assessment
$3,315,775
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2905 11th Ave - Merryhill School
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