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Cadence Academy Preschool (Corporate) 8905 W Highway 22 15,431 SF Retail Building Crestwood, KY 40014 $3,899,822 ($252.73/SF) 6.25% Cap Rate
Investment Highlights
- 14-Year Absolute NNN Lease with No Landlord Responsibilities
- Lease Signatory is the Corporate Entity That Operates All 300+ Locations
- Cadence is Ranked #7 in the Top 50 with Over 300+ Locations Nationally and Has Been in Business 30+ Years
- Rare 2.5% Annual Increases
- Tenant Extended Lease Early Showing Dedication to Site
- Excellent Demographics
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Educational Services
- 15,936 SF
- $15.29
- Triple Net
- Dec 2039
Cadence Education operates as a major early childhood education provider in the United States. The company began in 1993 and has grown to manage numerous private preschools and elementary schools nationwide. Cadence offers various programs catering to children from infancy through elementary school age, including Montessori and Reggio Emilia-inspired curriculums. Services cover infant care, toddler programs, preschool, pre-kindergarten, private kindergarten, and school-age childcare. The organization emphasizes creating nurturing environments that support cognitive and social development in young children.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Educational Services | 15,936 SF | $15.29 | Triple Net | Dec 2039 |
Property Taxes
| Parcel Number | 16-25-01-E&F | Improvements Assessment | $2,500,000 |
| Land Assessment | $325,000 | Total Assessment | $2,825,000 |
Property Taxes
Presented by
Cadence Academy Preschool (Corporate) | 8905 W Highway 22
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