5637 Himalaya St Centennial, CO 80015-3451
Property Lookup
Property profile & analytics
5637 Himalaya St Centennial, CO 80015-3451
- Day care centers
- 9,364 SF
- 0.99 lot acres
Property ID
US13-0652032
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 5637 Himalaya St
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 0.99 lot acres
- Property size
- 9,364 SF
- Zone code
- AMU
- Property type
- Day care centers
- APN
- 2073-15-4-31-002
- APU
- 207315431002
Description
This exceptional investment opportunity presents a 10,400 square foot, single-tenant, net-leased daycare center located at 5637 S Himalaya St, Centennial, CO 80015, within the thriving Denver Metropolitan Statistical Area. The property, built in 2003 and situated on a 0.99-acre lot, is currently 100% occupied by Nest Schools, a nationally expanding early education company with 46 existing locations and plans for over 200 more. The absolute triple-net (NNN) lease boasts a remaining term of approximately 13.7 years, commencing July 1, 2023, and expiring July 31, 2038. The lease includes favorable 2% annual rent escalations, ensuring consistent income growth. The current asking price is $4,853,333, representing a compelling cap rate of 6.12% and a price per square foot of $466.67. The property generates a substantial net operating income (NOI) of $297,024 annually. Nest Schools' corporate guarantee provides significant tenant credit strength. The property benefits from its location in affluent Centennial, a Denver suburb with a dense population of 121,320 residents within a 3-mile radius, boasting an average household income of $139,012. The Denver MSA demonstrates consistent growth, projected to surpass 3.6 million residents by 2030. Nearby retail amenities include Lowe's, Petco, Sprouts, King Soopers, Home Depot, Walmart Supercenter, Sam's Club, and Starbucks. The tenant's experienced founders bring over 30 years of industry expertise. This investment offers a secure, high-yield opportunity with significant long-term growth potential.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,931,000
- AI Estimate
- $2,931,000
Market price range: $1.44M - $3.03MMarket price range: $1.44M - $3.03M -
Alternative Use
- Use
- Estimation
- COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
- $2,035,000 Current use
- RESTAURANT
- $4,560,000 Change: +124% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $3,895,000 Change: +91% Conversion: Difficult
- RETAIL STORES
- $3,275,000 Change: +61% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,245,000 Change: +59% Conversion: Difficult
- MEDICAL BUILDING
- $2,890,000 Change: +42% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $2,720,000 Change: +34% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Centennial
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.755
- Latitude
- 39.615
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$52,091
$0.00
$0.00
$872,433
-
$646,665
$2,510,335
$3,157,000
