Listed by Matthews
$3,393,000
Premier Early Childhood Education
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 17,709
Cap Rate 6.75%
NOI $229,029
Tenancy Single
Lease Expiration 06/30/2036
Remaining Term 10
Rent Bumps Yes
Lease Options 2, 10 Year
Price per SqFt $192
Year Built 2005
Acreage 2.110
Tenant Credit Corporate Guarantee
Lease Commencement 06/30/2021
Ground Lease No
Ownership Fee Simple
Corporate Operator | 10-Year Lease | Abs NNN
Investment highlights
- Experienced Operator – Premier Early Childhood Education – Premier Early Childhood Education Partners is an education brand that focuses on improving the lives of children, families, and early childhood professionals nationwide with ±150 locations.
- Private Equity Backing – Tyree & D’Angelo Partners (TDP) acquired Premier Early Childhood Education Partners in December 2018. TDP focuses on lower middle-market companies and has completed 1,000+ partnerships with $2.5B+ in capital under management.
- Long-Term Absolute Net Lease with Structured Rent Growth – The property is backed by a ±10-year absolute NNN lease, offering investors stable, predictable income with annual built-in rent escalations that enhance long-term cash flow and protect against inflation.
- Strong Demographics Supporting Childcare Demand – Within a ±5-mile radius, the property serves 46,000+ residents with average household incomes exceeding $155,000. The area’s family-centric population and high percentage of dual-income households create steady, long-term demand for early education services.
- Attractive Pricing Relative to Comparable Assets – Comparable long-term early education properties are trading above $5 million, with many exceeding $7 million—double the price of this offering. This presents a compelling opportunity to a long-term lease at a below-market basis.
- Positive Industry Outlook and Growing Market Demand – The U.S. childcare market was valued at $59.9 billion in 2023 and is projected to grow to $73 billion by 2030 (source: Towards Healthcare). Industry expansion is supported by rising parental workforce participation, the prevalence of dual-income households, and a continued focus on early education quality.
Listing Contacts
Listed by Matthews
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$229,029.00
$19,085.75/mo
Valuation Metrics
0
DSCR
6.75%
Cap Rate
6.75%
ROI
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