LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE – The tenant will enter into a 15 year absolute triple net lease, ensuring a truly passive investment and completely hands off structure.
ABOVE MARKET RENT INCREASES – The lease will call for 2.75% annual rent increases creating consistent income growth over the entire base lease term and renewal options. The increases serve as a strong hedge against inflation, and provides natural appreciation.
SIGNIFICANT CAPITAL IMPROVEMENTS – The operator has demonstrated a significant long term commitment in the property having invested over $600,000 in capital improvements. These enhancements include a brand-new roof, exterior paint, upgraded windows, new flooring, cabinets and countertops, enhanced signage, and a playground.
AFFLUENT DEMOGRAPHIC – A population of 130,354 residents with household incomes exceeding $147,130 in a 3-mile radius and 361,018 residents earning an average household income of over $134,829 in a 5-mile radius.
PREMIUM TENANT – Established in 1988 with over 35 years of experience in childhood development, Goddard Systems, LLC is the manager of The Goddard School franchise system, a leading provider of premium early childhood education in the United States.
NATIONWIDE RECOGNITION – The Goddard School was noticed as #70 in Franchise Time’s Top 400 and is included in Franchise Business Review’s Top 200 Franchises, reflecting the strong performance and franchisee satisfaction.
CONTINUED EXPANSION – The extensive network of over 600 franchised locations across 37 states serves over 75,000 students from six weeks to six years old. The proven franchise’s commitment to high-quality early childhood education has continued to expand into markets nationwide.
Broker of Record
Simon Assaf
License No. CO701910000 (AZ)