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1450 63rd St
Emeryville, CA 94608

Guidepost Montessori · Specialty Property For Sale · 12,000 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype
School
  • General Retail Daycare Center
Building Class C
Lot Size 0.32 AC
Building Size 12,000 SF
No. Stories 1
Year Built 2002
Parking Ratio 0.33/1,000 SF

ABOUT 1450 63RD ST , EMERYVILLE, CA 94608

Capital Pacific is pleased to present an opportunity to acquire Guidepost Montessori Emeryville, an internet-resistant, NNN investment in the Bay Area. The subject property features an attractive 20-year lease term (16.8 years left) and is enhanced with 3% annual rent increases, as well as three 5-year options to extend the lease. The property features an absolute NNN lease, meaning that the tenant is responsible for all operating expenses, repairs, maintenance, insurance, and taxes. There is zero landlord expense responsibility. The property is an established school site within an affluent, highly-educated trade area. The school has been renovated and is now operating under the successful Guidepost Montessori brand, the largest Montessori school operator in the United States with significant financial backing. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE). The property is located in the highly-desirable Bay Area city of Emeryville, CA. The property is in close proximity to an attractive array of corporate headquarters, including Pixar, Clif Bar, and Bayer. Emeryville is sandwiched between Berkeley and Oakland, and has become a desirable destination for affluent, educated Bay Area residents to settle and raise families, as well as a hub for many tech startups, biotech, and other thriving industries.

PROPERTY TAXES

ZONING

Zoning Code OT/DH
  • Listing ID: 16379103

  • Date on Market: 6/18/2019

  • Last Updated:

  • Address: 1450 63rd St, Emeryville, CA 94608