1720 E Walnut Grove Rd - Day Care Center FOR SALE


Derby, KS 67037- Outer Derby/Haysville
$1,066,667 USD
714-400-6267
1720 E Walnut Grove Rd, Derby, KS for Sale
$1,066,667 USD
Day Care Center - FOR SALE
1/7
null | 6.75% Cap Rate

1720 E Walnut Grove Rd
Derby, KS 67037
Outer Derby/Haysville


HIGHLIGHTS

  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Derby USD 260 – One of the Premier Public School Districts in Kansas
  • High-Traffic Location – 19,100 VPD on N Rock Road
  • Strong Placer.ai Trade Area – Top-Performing National Retailers
  • Below-Market Rent – $14.40 PSF
  • 10.1 Years of Firm Term Remaining Through August 4, 2036

OVERVIEW

We are pleased to present the opportunity to acquire a single-tenant, absolute NNN childcare investment in Derby, Kansas – an established southeast suburb of Wichita – 100% leased to The Tot Spot, Inc. with 10.1 years of firm term remaining, zero landlord responsibilities, and a 10-year renewal option. At $14.40 PSF, the in-place rent is well below prevailing market rates for comparable commercial use, providing the landlord with a defensible income stream and meaningful rental upside upon any future lease event. The Tot Spot is a long-tenured operator at this location, with a demonstrated enrollment track record that predates and substantiates the current lease structure. The property fronts N Rock Road at 19,100 VPD within a well-established, nationally tenanted retail corridor in Derby. Adjacent operators include Dollar Tree (Top 86% in Kansas per Placer.ai), McDonald's (Top 79% in Kansas), and Arby's (Top 79% in Kansas) – a co-tenancy profile that reflects the sustained, high-frequency consumer traffic characteristic of Derby's most active commercial corridor and directly supports the childcare operator's visibility and accessibility to the surrounding working-parent population. Derby is anchored by Derby Public Schools (USD 260), consistently recognized as one of the premier public school districts in the State of Kansas. The district's reputation is a primary driver of long-term residential stability in the trade area, producing a concentrated base of established family households that generate durable, recurring demand for licensed childcare services. Exclusively Listed in association with Brian Brockman | License No. 239819

FOR SALE DETAILS

PRICE

$1,066,667 USD

PRICE/SF

$174 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Tot Spot Day Care | Single-Tenant Abs NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

00304249,00304250

ASK ABOUT THIS PROPERTY

Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

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Spencer O'DonnellCharter Realty CompanyMore Info
714-400-6267

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.