3280 GRAND RIDGE DR NE, GRAND RAPIDS, MI 49525

Fortis Net Lease is pleased to present the opportunity to acquire the single-tenant net

leased Tutor Time located at 3280 Grand Ridge Dr NE in Grand Rapids. The offering

consists of an approximately 10,000-square-foot purpose-built childcare facility

situated on a 1.1-acre parcel in a well-established residential and retail corridor. The

property benefits from strong surrounding demographics, excellent accessibility, and

proximity to major thoroughfares serving the broader Grand Rapids metropolitan area.

Lease Guarantor: Learning Care Group is one of the largest early childhood education

and childcare providers in the United States, operating more than 1,150 schools across

40 states and Washington, D.C. under 11 brands, including AppleTree & Gilden Woods, La

Petite Academy, Childtime, Tutor Time, Everbrook Academy, and Montessori Unlimited.

The company is privately held and backed by American Securities, with PSP Investments

also making a significant equity investment. Public reporting indicates approximately

$1.5 billion of 2023 revenue; however, the company is privately held and current audited

financial statements are not publicly available.