14+ Years Remaining with 1.75% Annual Increases in Rent
– Endeavor is five years into a 20-year lease, offering long-term cash flow through September 2040 with four, five-year extension options immediately following the Base Term.
– The lease is absolute net in nature, leaving the Landlord zero obligations with Tenant responsible for all maintenance, repair and replacement of the to the property.
– 1.75% annual rental increases provide contractual rent growth for the remainder of the base lease term and the four, five-year option periods.
Corporate Guaranty from Top 10 Operator in the Country (110+ Locations)
– Endeavor Schools is one of the top 10 largest corporate childcare companies in the country.
– Endeavor Schools currently operates over 110 locations across thirteen states.
Only 8-Miles from the Avalon Development (Premier Shopping and Entertainment District)
– In the heart of Alpharetta, located about five miles from Primrose School, this sustainably designed, 86-acre development with more than 570,000 square feet of retail, a 12 screen all-premium theater, a full-service hotel, Class A office, single-family residences and luxury rental homes.
– Avalon infuses resort-level hospitality throughout a walkable, seamlessly connected community of shopping, dining, entertainment, living and working.
Alpharetta is the #1 Place to Live in Georgia
– 40 minutes north of Atlanta, Alpharetta has experienced booming development in recent years between mixed-use development Avalon and the transformation of its downtown now known as Alpharetta City Center.
– Over the past decades, some of the largest and most innovative companies on the planet have chosen to call Alpharetta their home.
– 65% of Alpharetta’s residents have a bachelor’s degree or higher, which is more than double the national average.
– Alpharetta ranks 3rd nationally for percent daytime population increase (for cities greater than 50,000 people) and boasts a daytime population of over 122,000.
– With close to 3,000 workers per square mile, worker density in Alpharetta is greater than in Charlotte, Dallas, Austin or Phoenix, and based on having a labor draw area of 1.7 million potential workers, we are sure you will find the right talent for your business needs.
