5305 Perrine Rd, Midland, MI 48640

Fortis Net Lease is pleased to present the opportunity to acquire a newly constructed,

single-tenant net lease asset located at 5305 Perrine Rd, Midland, MI 48640. The

property is occupied by Learning Care Group (US), Inc under its Gilden Woods Midland

brand, with a lease commencement date of September 16, 2024 and an expiration date

of September 30, 2039. The offering benefits from a long-term, corporate-backed lease

structure and is supported by one of the nation’s leading early childhood education

operators.

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.