193 E Fantinel Dr - Day Care Center FOR SALE


Tontitown, AR 72762
$5,869,000 USD
310-691-1350
193 E Fantinel Dr, Tontitown, AR for Sale
$5,869,000 USD
Day Care Center - FOR SALE
1/6
null | 6.85% Cap Rate

193 E Fantinel Dr
Tontitown, AR 72762


HIGHLIGHTS

  • Long-Term Absolute Triple Net Lease with Strong Rental Growth: 15-Year Lease, Zero Landlord Responsibilities
  • The Goddard School is the Largest & Most Awarded Early Childhood Education Provider: 600+ Locations Nationally
  • State-of-the-Art Facility: Class-A, Brand-New Construction Build-to-Suit
  • High-Growth Northwest Arkansas (NWA) Metro: Home to several high-profile Fortune 500 Companies
  • University of Arkansas - Just 25 minutes from Walmart’s New World Headquarters
  • Strong Demographics: $133,000 1-Mile AHHI and 55% Population Growth in Last Decade within a 3-Mile Radius

OVERVIEW

Pegasus Investments Real Estate Advisory Inc. and Flake & Company, LLC, as exclusive investment sales advisors to Seller, are pleased to offer the opportunity to acquire the fee simple interest (land & building) in a Goddard School located in Springdale, Arkansas (the “Property”). Springdale is part of the rapidly expanding Northwest Arkansas MSA, which includes Bentonville, Fayetteville, and Rogers, and is home to Walmart’s Corporate Headquarters and several other Fortune 500 companies. The Property is leased on a 100% absolute triple net (NNN) basis to a strong multi-unit operator (the “Tenant”). Goddard School (“Goddard”) is a best-in-class early childhood education network with over 600+ locations in the USA. The large, 1.2-acre parcel and 8,875 SF building provide operational efficiencies for the Tenant and attractive fungibility for investors within the early childhood education market. The Property is located within one of the fastest-growing pockets of Springdale, which has experienced 55% population growth in the last decade within a 3-mile radius. Further, it is surrounded by robust demographics, with an average annual household income of $133,000 within a 1-mile radius. Further, the Property’s central location is close to many of the region’s large corporate employers, the University of Arkansas, and significant cultural institutions. Springdale is ranked the 7th Best Place to Live in the USA (U.S. News & World Report) due to its high quality of life, exceptional job market, and low cost of living. The region is well-positioned to continue its path of unprecedented growth, underscoring the Property’s robust real estate fundamentals.

FOR SALE DETAILS

PRICE

$5,869,000 USD

PRICE/SF

$661 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Goddard School: 15-Year Absolute NNN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

C-2

APN/PARCEL ID

830-37866-000

ASK ABOUT THIS PROPERTY

Katherine WeaverPegasus InvestmentsMore Info
310-691-1350

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Katherine WeaverPegasus InvestmentsMore Info
310-691-1350

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.