216 Town Center Pkwy, Spring Hill, TN 37174

12+ Years Remaining with 2.00% Annual Increases

• The Learning Zone signed a new 15-year lease at the subject property in 2024.
• The lease has no landlord responsibilities and offers 2.00% annual increases throughout the base term.
• In addition to the 15-year base lease term, the tenant has three, five-year options to renew with the same rent increase structure annually.

Corporate Guarantee (30+ Locations) & Personal Guarantee from Founder

• The Lease is backed by a corporate guarantee from the following companies:
• Never Grow Up, Inc. (17+ Locations and $30M+ YE 2024 Revenue)
• DTDMidTN (13+ Locations and $32M+ YE 2024 Revenue)
• Personal Guarantee from the Founder (Mid 8-Figure Net Worth)

Nashville MSA - 500%+ Population Growth Since 2000

• Spring Hilll, located just 40 minutes south of Nashville, is a rapidly expanding suburban city within the Nashville Metropolitan Statistical Area (MSA)..
• Known as the epicenter of country music, the Nashville metro contains a population of about two million within 14 counties.
• The population will increase at a faster pace than the nation over the next five years.

Over $107,000,000 Spent on Education and Daycare in a 5-Mile Radius

• A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
• Participants in early childhood programs are more likely to enroll in college and potentially experience higher earnings in adulthood.

Demand For Child Care Remains Extremely Strong

• The U.S. child care market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
• The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding.
• The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021.
• Families in the U.S. are willing to spend more on child care services, indicating the high service demand in the U.S.