Everbrook Academy STNL

Investment Overview

The Meyer/Matthews Team at SVN is pleased to present this single-tenant net-leased Everbrook Academy in Fort Collins, Colorado. The 12,142 SF facility was built-to-suit in 2018 on 1.85 acres, with a large, upgraded concrete parking lot and an outdoor playground. The property is well-located at the SW corner of Harmony Rd/Lady Moon Dr - one of the city's highest-traffic commercial corridors (49,000+ AADT at Intersection). The lease is guaranteed by Learning Care Group (US), Inc., the second-largest for-profit childcare provider in North America, operating 1,150+ schools across 11 brands. Approximately 8.5 years of the initial term remain through August 2034 under a NN+ lease structure, with 7.5% rent bumps every 5 years and three 5-yr renewal options.

Investment Highlights

• Near 100% Enrollment | Waiting List for Several Rooms
• Corporate Guaranty | 2nd-Largest ELC Operator | 1,150+ Locations
• Adjacent to State-of-the-Art Banner Fort Collins Hospital (146k SF)
• Affluent, High-Growth Demographics | $151,000 Avg HH Income (3-mile)
• Recession-Resistant, Essential-Service Tenant | Upgraded Concrete Lot