Recent 10-Year Lease Extension with 31+ Year Operating History
– Childtime Learning Center has been in operation at this site since 1995, showing a significant long-term commitment to the location and the community.
– Childtime just did a 10-year lease extension, which commenced in 2025.
– The lease features rental increases every 5 years of 10.00% and continuing into the option periods, growing NOI and hedging against inflation.
– The lease features zero landlord responsibilities, allowing for a passive investment for a new landlord.
The #2 Corporate Operator in the Country – 1,150+ Locations
– Learning Care Group (LCG) is officially recognized as the second-largest for-profit early childhood education and care provider in North America.
– The company operates over 1,150 schools across the United States. Its network spans across 40 states and Washington, D.C.
– LCG has the collective capacity to care for and educate over 165,000 children daily, ranging in age from 6 weeks to 12 years old.
– Unlike some competitors that operate under a single name, LCG achieves its massive scale by maintaining a diverse portfolio of 11 unique brand identities. This multi-brand approach allows them to target various market segments, educational philosophies, and geographic regions.
– Driven by its massive footprint, LCG generates an estimated $4.1 billion in annual revenue.
$485,000 of Committed Tenant Improvements Coming to the Property
– As part of the long-term lease extension, the owner agreed to provide Childtime with significant tenant improvement dollars.
– This commitment should allow the tenant to improve the facility, which will in turn attract new families to the property for the long term.
Over $64,000,000 Spent on Education and Daycare in a 5-Mile Radius
– A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
– Participants in early childhood programs are more likely to enroll in college and potentially experience higher earnings in adulthood.
