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.
8+ Years Remaining with Increases Every 5 Years
– The Learning Care Group corporately guaranteed lease has over 8 years remaining.
– The lease features rental increases every 5 years of 9.00% 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.
Fort Myers MSA
– The region is one of the nation’s fastest-growing metros, surging from roughly 620,000 residents in 2010 to over 875,000 in recent years.
– A massive chunk of this growth is fueled by inbound domestic migration. States like Illinois, New York, and Ohio serve as the primary feeders for new residents.
– Cape Coral—the MSA’s largest city by land mass—is highly unique because it is a pre-platted community. It is currently less than half developed, meaning the area possesses massive runway for future residential construction.
Over $54,000,000 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.
