Listed by CBRE - Des Moines
$3,281,120
Marion Guidepost Montessori
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 9,381
Tenancy Single
Lease Type NNN
Lease Term 20
Rent Bumps Yes
Price per SqFt $349
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Retail | 9,381 SqFt
Marketing description
This Property features a brand new corporate 20-year NNN lease (minimal LL responsibilities) with 2% annual rental increases and a full corporate guaranty from Guidepost’s parent company Higher Ground Education. Guidepost Montessori is the largest Montessori in the United States and currently has 100+ schools open with schools coming soon throughout the United States and in Honduras, Canada, China, and Hong Kong. Guidepost paid rent in full for all of their schools throughout the Pandemic, had a $250 million valuation in 2021, and a $600 million valuation in 2023.
Investment highlights
- Brand-new 20-year corporate net lease with 2% annual rental increases
- Guidepost is the largest Montessori school operator in the U.S. with significant financial backing and continued growth
- Lease guaranteed by Higher Ground Education (HGE), a corporate school operator with significant financial backing and an executive team with 20+ years of experience on average
Listing Contacts
Listed by CBRE - Des Moines
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