Corporate Guaranty from Top 5 Operator in the Country (272+ Locations)
– Child Development Schools, Inc. is one of the Top 5 Corporate childcare companies in the country.
– Child Development Schools, Inc. currently operates over 272 locations across eleven states.
Brand New 10-Year Lease Extension with 2.00% Annual Rental Increases
– The CDS Inc. corporately guaranteed lease, has over 10 years remaining on the extended lease term with two, five-year options to extend.
– The lease features 2.00% annual rental increases throughout the extended term and continuing into the option periods, growing NOI and hedging against inflation.
Brand New Roof in 2024 with 10-Year Transferable Warranty
– The subject property has a 12+ year operating history as a Childcare Network and recently extended its lease for an additional 10 years.
– The tenant pays for CAM, taxes, and insurance and the landlord’s responsibilities are limited to roof & structure. The landlord replaced the roof in March of 2024 and has a 10-year transferable warranty in place.
– This property is an ideal, low-management investment for a passive investor.
Atlanta MSA – Most Populous City in Georgia
– Atlanta’s economy is highly diversified, with the metro’s top employers representing a wide variety of sectors.
– With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.0 million people. Over the next five years the region is expected to add approximately 316,000 residents.
– The urban core has been the epicenter of several major construction projects in recent years, with Centennial Yards headlining urban renewal in downtown Atlanta.