5637 Himalaya St Centennial, CO 80015

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.