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Investment Details

Price: $6,888,890 Location: Urbandale, IA
Cap Rate: 6.75% Lease Type: NN
NOI: $465,000 Lease Expiration: October 2045
Demographic Information (5-Mile Radius)
2025 Population: 122,984
2030 Population: 137,091
2025 Average Household Income: $146,736
2025 Median Household Income: $118,307
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

EVERBROOK ACADEMY

Urbandale | Iowa
Highlights
• Everbrook Academy signed a 20 year, NN lease with 7.5% increases every 5 years.
• The tenant on the lease is Everbrook Academy with guaranty provided by Learning Care Group
• Excellent demographics with a 3-mile average household income of $174,123.
• Located near several schools including Des Moines Christian with 1,300+ students.
• Urbandale is ranked the #9 Best Suburb to Live in Iowa and #10 Best Place to Raise a Family in Iowa.

EVERBROOK ACADEMY

Urbandale | Iowa

Highlights
• Everbrook Academy signed a 20 year, NN lease with 7.5% increases every 5 years.
• The tenant on the lease is Everbrook Academy with guaranty provided by Learning Care Group
• Excellent demographics with a 3-mile average household income of $174,123.
• Located near several schools including Des Moines Christian with 1,300+ students.
• Urbandale is ranked the #9 Best Suburb to Live in Iowa and #10 Best Place to Raise a Family in Iowa.

Investment Details

Price: $6,888,890
Location: Urbandale, IA
Cap Rate: 6.75%
Lease Type: NN
NOI: $465,000
Lease Expiration: October 2045
Demographic Information (5-Mile Radius)
2025 Population: 122,984
2030 Population: 137,091
2025 Average Household Income: $146,736
2025 Median Household Income: $118,307
Contact
Deborah Vannelli, CCIM
deb@upland.com
612.376.4475
Keith Sturm, CCIM
keith@upland.com
612.376.4488

©2015 Upland Real Estate Group, Inc. All rights reserved. Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489
©2015 Upland Real Estate Group, Inc. All rights reserved.
Upland Real Estate Group, Inc.
50 South 6th Street | Suite 1418
Minneapolis | MN | 55402
Main: 612.332.6600 | Fax: 612.376.4489