Sold Subscription Required
| Price $5,066,667 | Built/Renov 2023 | Tenant The Goddard School |
| Cap Rate 6.75% | Lease Type
Abs NNN | Guarantor Franchisee |
| Size/SF
9,000
| Lease Start
10-01-2023
| #Units
5
|
| Price/SF $562.96 | Expiration
10-31-2038
| Tenant Type Daycare/Education |
| NOI $342,000 | R. Term 13.11 | Ownership Fee Simple |
| Rent/SF
$38.00
| Increases 10.0%/5/yrs | Pop 5Mi 63,905 |
| Lot/AC 4.00 | Options 2/5yrs/10% | AHHI 5Mi $70,172 |
| | |
The Goddard School is strategically located on Hogan Lane, with access to 14,681 vehicles passing by daily. The property is in close proximity to 10 feeder elementary schools within a 5-mile radius and is near the University of Central Arkansas, Hendrix College, and Central Baptist College. Additionally, it is a 10-minute drive from both Baptist Health Medical Center and Conway Medical Center....
...New construction
Build to suit
Near major nationals
Strategically located
Highway close
Top 100 MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Personal guarantee
Goddard Systems, LLC, the manager of The Goddard School franchise system, is the acknowledged leader in the premium early childcare and education market segment. Goddard has been consistently...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 5,350 | 45,757 | 65,048 |
| 2024 Total Population : | 5,351 | 44,903 | 63,368 |
| 2024 Employed Civilian Pop : | 3,222 | 23,500 | 32,496 |
| 2024 Total Businesses : | 165 | 993 | 2,690 |
| 2024 Average Household Income : | $ 106,310 | $ 87,816 | $ 82,345 |
| 2024 Total Consumer Spending : | $ 190 M | $ 1381 M | $ 1833 M |
| 2024 Median Age : | 37 | 31 | 31 |
| 2024 Total Households : | 2,061 | 17,817 | 25,177 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,085 | 6,702 | 9,260 |
| 2024 Average Home Value : | $ 305,960 | $ 288,758 | $ 288,412 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Hogan Lane | 2019 | 9,100 | 0.05 mi | |
| Hogan Lane | Hogan Rd | 2021 | 8,900 | 0.05 mi |
| College Avenue | W Business Dr | 2021 | 4,500 | 0.33 mi |
| Hogan Lane | Gabrial Dr | 2021 | 9,400 | 0.42 mi |
| Hogan Lane | Prince St | 2021 | 14,000 | 0.58 mi |
| Prince Street | Schaefers Ln | 2021 | 9,200 | 0.67 mi |
| Reedy Road | River Rd | 2021 | 1,100 | 0.75 mi |
| Prince Street | Chapel Creek Dr | 2021 | 4,700 | 0.78 mi |
| PRINCE | Four Winds Dr | 2021 | 3,600 | 0.91 mi |
| Prince Street | Shady Valley Dr | 2021 | 9,800 | 0.97 mi |
Belmont, NC
Cap Rate 7.00%
Lease NN+
R. Term 12.11 yrs
Size/SF 10,000
Fishers, IN
Cap Rate 7.25%
Lease NN+
R. Term 18.20 yrs
Size/SF 10,000
Huntersville, NC
Cap Rate 6.75%
Lease NN+
R. Term 15.00 yrs
Size/SF 11,040
Fishers, IN
Cap Rate 6.82%
Lease NN+
R. Term 19.00 yrs
Size/SF 10,000
Mooresville, NC
Cap Rate 6.75%
Lease NN+
R. Term 15.00 yrs
Size/SF 10,733
Centennial, CO
Cap Rate 6.12%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 10,400
Sewell, NJ
Cap Rate 6.50%
Lease NN+
R. Term 11.00 yrs
Size/SF 29,353
Charlotte, NC
Cap Rate 6.65%
Lease Abs NNN
R. Term 13.80 yrs
Size/SF 11,800
Hawthorn Woods, IL
Cap Rate 7.30%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 10,503
Houston, TX
Cap Rate 6.50%
Lease NN+
R. Term 12.40 yrs
Size/SF 10,000
Shorewood, IL
Cap Rate 7.00%
Lease NN+
R. Term 10.00 yrs
Size/SF 10,000
Menomonee Falls, WI
Cap Rate 7.00%
Lease Double NN
R. Term 19.20 yrs
Size/SF 11,237
Edmond, OK
Cap Rate 7.26%
Lease Double NN
R. Term 14.30 yrs
Size/SF 10,000
Sachse, TX
Cap Rate 7.00%
Lease Double NN
R. Term 14.60 yrs
Size/SF 10,000
Raleigh, NC
Cap Rate 6.25%
Lease NN+
R. Term 9.90 yrs
Size/SF 9,996
Orange Park, FL
Cap Rate 6.30%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 12,989
Trussville, AL
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 9,951
Lake Mary, FL
Cap Rate 6.25%
Lease Double NN
R. Term 7.10 yrs
Size/SF 11,100
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
