Featured Listing

Prestige Preschool Academy
16427 Sierra Lakes Parkway
Fontana, CA 92336

Cap Rate 6.0%

$6,400,000 

The subject property is a single tenant Prestige Preschool Academy in Fontana, California. Prestige is a leading childcare operator expanding throughout the country. Fontana is a city of 207,000 residents in San Bernardino County. The Property consists of a ± 10,700 sf building with ± 14,250 sf outdoor play area on ± 1.23 acres of land at 16401 Sierra Lakes Parkway. Prestige has selected this excellent location in Fontana, a city experiencing significant residential growth to compliment its many nearby employers. Prestige Preschool is being constructed between Ralph’s Supermarket, Walgreens Drugstore, LA Fitness to the west and Costco Wholesale and Lowe’s Home Improvement to the east. To the north is the Sierra Lakes neighborhood and golf club. Nearby traffic generators include Home Depot, America’s Tire, Autozone, JoAnn Fabrics, Petco, Chase Bank, Wells Fargo Bank, Urgent Care @ Sierra, Verizon, Applebee’s, Carl’s Jr., Chipotle, El Pollo Loco, Farmer Boy’s, Omokase Sushi, Panda Express, Popeye’s, Starbucks and Taco Bell. Across the busy I-210 freeway are several new car dealerships including Chevrolet, Honda, Nissan, The growing demand for childcare here ensures another successful Prestige Preschool Academy location.

Tenant Information: Prestige Preschool Operations, LLC

Prestige Preschools Operations, LLC is the operator of Prestige Preschool Academy childcare learning centers. Prestige currently operates 20 preschool and child care centers in select markets in California, Colorado, Minnesota, and Northern Virginia. Children between the ages of 6 weeks to 12 years old are provided a rich curriculum focussed on communication and social / emotional learning. The management team brings a combined 60 years of experience having previously operated 17 Tutor Time centers in Southern California which were later acquired by the franchisor. Every school is modern and well maintained, with indoor and outdoor secured play facilities that encourage fun and exercise. Prestige Preschool Academy is a private company based in Southern California. The U.S. child care industry is a fragmented $61 billion industry. The Prestige team is poised to capitalize on the huge growth potential in several targeted markets. Approximately one half of the schools were constructed and opened in the last four years.

Company and guarantor financials are available with the submission of a Confidentiality Agreement. Discuss with listing agent.

View More Listings