15200 Meredith Dr Urbandale, IA

This property is leased to Everbrook Academy under a 20-year NNN lease, featuring 7.5% rent increases every 5 years. The lease is guaranteed by Learning Care Group, which operates approximately 1,150 locations under 11 brands. The property is situated along Meredith Drive, which experiences a traffic count of 4,830 vehicles per day, and is near I-35, where traffic counts average over 107,000 vehicles per day. The location is near several schools, including Des Moines Christian with over 1,300 students, Walnut Hills Elementary School with 640 students, and Schuler Elementary School with 700 students. Nearby tenants include Hy-Vee Fast & Fresh, Starbucks, Jimmy John’s, Smokey Row Coffee, Kiddie Academy, and New Horizons. The property is located in Urbandale, Iowa, a suburb of Des Moines known for its strong schools and family-friendly environment. The property has excellent demographics, with a 3-mile average household income of $174,123 and a population of 122,984 within a 5-mile radius. The property size is 11,617 square feet. Urbandale is ranked the #9 Best Suburb to Live in Iowa and #10 Best Place to Raise a Family in Iowa, according to Niche.