Cadence Academy

Early Lease Extension: Cadence Academy just executed a rare early 10-year lease extension, showing long-term commitment to the location and indicating the strength of performance.
Corporate Guarantee: The tenant, Cadence Academy Preschool, operates 300+ schools nationwide and is widely recognized as one of the best early childhood education providers in the country. The parent company, Apax Partners, has $80 billion in aggregate funds raised.
Absolute NNN Lease: The tenant is responsible for all operating expenses including taxes, insurance, repairs, and maintenance, providing passive income with zero landlord responsibilities.
Attractive Rental Increases: The lease features 2.00% annual rent increases throughout the remaining term, providing a strong hedge against inflation and return growth.
Robust Industry Growth: The U.S. child care market is projected to grow from approximately $65 Billion in 2024 to nearly $110 Billion by 2033.
Income Tax-Free State: Texas is an income tax-free state.
High-Growth Submarket: Wylie is located just 30 miles northeast of Downtown Dallas in Collin County, one of the fastest-growing MSA’s in the country. The population of Wylie has increased nearly 10% in the last five years.
Affluent Community: The city boasts a median household income of over $130,000 and a young median age of 35 years old. This reflects strong earning power and a growing base of families which are key drivers for childcare demand.
Nearby Feeder Schools: Dodd Elementary School (515 students grades pk-4), Davis Intermediate School (~1,000 students grades 5-6) and Frank McMillan Jr High School (930 students grades 7-8) are located across the street from the center.
Major Employment Hubs: The property benefits from proximity to major regional employers including Toyota Motor North America, Raytheon Technologies, State Farm, JP Morgan Chase, Baylor Scott & White Health, and many more.

Navigation Menu

Key Information

Highlights

Photos

Location

Agents

Broker of Record

Patrick Graham