Corporate Guaranty from the #2 Corporate Operator in the Country
– 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.
19+ Years Remaining with Increases Every 5 Years
– The Learning Care Group corporately guaranteed lease has over 19 years remaining.
– The lease features rental increases every 5 years of 7.50% and continuing into the option periods, growing NOI and hedging against inflation.
– The lease features limited landlord responsibilities, allowing for a passive investment for a new landlord.
Des Moines MSA – 700,000+ People and Largest in the State of IA
– Home to 707,000 people, the Des Moines metro is the largest in the state of Iowa, comprising Dallas, Guthrie, Madison, Polk and Warren counties.
– The market is approximately 195 miles northeast of Kansas City, 245 miles south of Minneapolis and 330 miles west of Chicago.
– Boosted by a diverse agriculture and research environment, John Deere and Corteva Agriscience employ more than 5,000 people combined.
Over $122,000,000 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.
