Merryhill Preschool — Sale in Sacramento, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sacramento, CA 95831

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Merryhill School was founded in 1949 in downtown Sacramento, California. Today, Merryhill School has approximately 28 locations in California, Nevada, Colorado, and Texas. Its locations offer preschool, a private elementary and middle school, summer camp, and before- and after-school programs. Sacramento is the capital city of California and the seat of Sacramento County, located at the confluence of the Sacramento River and the American River in the northern portion of California’s expansive Central Valley. Investment Highlights: • Absolute Triple-Net (NNN) Lease with Multiple Renewal Options and Rent Increases Occurring Every Two Years • Corporate Guaranty by Spring Education Group, a Multi-brand Education Network Composed of Over 215 Schools in 19 States • Average Household Income Exceeds $130,000 Within a One-Mile Radius • Densely-Populated Trade Area in Sacramento - 253,910 Residents within a Five-Mile Radius • Easily Accessible Location Immediately Off the Interstate Five (Approximately 117,000 Cars per Day), Providing a Direct Route to Downtown Sacramento • Located within Sacramento's Pocket-Greenhaven Neighborhood, an Affluent Area with Waterfront Homes, Parks, Trails, and Excellent Schools

Market Context

This retail in Sacramento, CA is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 99 days. Compare it against other retail listings for sale in Sacramento, CA — view the full market.

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