Single Tenant Childtime Learning Center
CORPORATE GUARANTY – THE LEARNING CARE GROUP INC. | FEE SIMPLE: NNN LEASE | 10+ YEARS TERM REMAINING
Marketing description
Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Childtime Learning Centers, (the "Property") in Doylestown, Pennsylvania, just 25 miles northwest of Center City Philadelphia. Childtime operates under a long-term, fee simple triple-net (NNN) lease with 10.5 years of remaining term and 9% rental increases every 5 years, providing investors with stable, predictable income. The NNN structure provides a true hands-off ownership opportunity and the fee simple form of ownership allows for the property to be depreciated; an incentive not offered in a ground lease. The Childtime lease is backed by a corporate guaranty from The Learning Care Group, Inc., significantly strengthening the overall credit quality of the investment. Learning Care, which holds a B- credit rating from Standard & Poor's, is one of the largest and most established operators in the childcare sector. The Learning Care umbrella is comprised of 11 nationally recognized brands and operates more than 1,150 schools across the country.
The property is positioned within a densely populated and highly affluent trade area, key fundamentals that are especially attractive for childcare operations. Within a 5-mile radius, the area encompasses more than 100,000 residents and 38,000 households. Household incomes within the surrounding area are notably strong, averaging $243,000 within 1-mile, $200,000 within 3-miles, and $178,000 within 5-miles, reflecting a deep concentration of families with the financial capacity to support premium childcare services.
Further enhancing its appeal, the property is located in Doylestown, the county seat of Bucks County. As the center of government, legal, and administrative activity for the county, the area benefits from a consistent daytime workforce, creating steady demand for conveniently located childcare serving working professionals.
In addition, Doylestown's location approximately 25 miles northwest of Center City Philadelphia places it within the Philadelphia MSA, the nation's 9th largest metro area, with a population exceeding 6.3 million. Bucks County ranks as the third most affluent county in Pennsylvania and the broader region is supported by a highly educated workforce, a diverse employment base, and proximity to numerous Fortune 500 companies as well as some of the nation's top universities. These regional dynamics contribute to sustained population growth, employment stability, and long-term demand for quality childcare services.
Investment highlights
- LONG-TERM FEE SIMPLE NNN LEASE WITH RENTAL INCREASES - Childtime operates under a long-term, fee simple triple-net (NNN) lease with 10.5 years of remaining term and 9% rental increases every 5 years, providing investors with stable, predictable income. The NNN structure provides a true hands-off ownership opportunity and the fee simple form of ownership allows for the property to be depreciated; an incentive not offered in a ground lease.
- CORPORATE GUARANTY FROM INDUSTRY LEADER (THE LEARNING CARE GROUP INC.) - The Childtime lease is backed by a corporate guaranty from The Learning Care Group, Inc., significantly strengthening the overall credit quality of the investment. Learning Care, which holds a B- credit rating from Standard & Poor's, is one of the largest and most established operators in the childcare sector. The Learning Care umbrella is comprised of 11 nationally recognized brands and operates more than 1,150 schools across the country.
- DENSELY POPULATED, AFFLUENT TRADE AREA SUPPORTS CHILDCARE DEMAND - The property is positioned within a densely populated and highly affluent trade area, fundamentals that are particularly attractive for childcare operations. Within a 5-mile radius of the property, there are over 100,000 residents and 38,000 households. The average household income reaches $243,000 within a 1-mile radius, $200,000 within 3 miles, and $178,000 within 5 miles, signaling a concentration of affluent households with the financial capacity to afford premium childcare services.
- COUNTY SEAT LOCATION - The property is located in Doylestown, the county seat of Bucks County, positioning it at the center of government, legal, and administrative functions. This hub of civic activity generates a consistent daytime workforce, creating reliable demand for conveniently located childcare options serving local employees.
- PHILADELPHIA MSA - Located 25 miles northwest of Center City Philadelphia, Doylestown benefits from its inclusion in the Philadelphia MSA, the nation's 9th largest metro area with over 6.3 million residents. Bucks County is the third most affluent county in Pennsylvania, and the broader region is supported by a highly educated workforce, diverse employment base, and proximity to major corporate and academic institutions, driving long-term population growth and sustained childcare demand.
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