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.
