1403 Plaza Dr Highlands Ranch, CO 80129
Exceptional investment opportunity: a 10,000-15,000 square foot, brand-new, build-to-suit daycare center in Highlands Ranch, Colorado, leased to The Learning Experience (TLE) under a 15-year net lease commencing July 18, 2024, and expiring June 30, 2039. The property boasts a 6.75% cap rate and a strong NOI of $474,970. The lease includes two five-year renewal options, extending the potential lease term to 25 years. Rent increases by 10% every five years, providing significant long-term growth. TLE provides a corporate guarantee, mitigating risk. The 1.1-acre site includes a 5,000 square foot playground. This outparcel is strategically located adjacent to the ARC 470 office complex, a 598,000 square foot Class-A office space that recently underwent a $40 million capital improvement project. The property benefits from a robust demographic profile, with over 222,000 people within a five-mile radius and an average household income exceeding $144,000 within three miles. The location is approximately 12 miles from downtown Denver. This is a rare opportunity to acquire a high-quality, net-leased asset with significant long-term growth potential in a prime Colorado location. The asking price is $7,036,593. TLE will guarantee $750,000 of base rent over the first five lease years.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
4 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.