Single-Tenant Office
Goddard School
24116 132nd Ave SE, Kent, WA 98042
Listing Price: $7,725,000
Investment Overview
The Goddard School of Kent is a newly constructed full service educational facility strategically constructed to service the Kent, Washington growth market. This secure, fully leased nationally branded school offers the investor a unique 20 Year base lease term with the Tenant responsible for all building and property operating expenses, maintenance, repairs and replacements. The strong personal lease guarantor assures that the investor will reap the long term benefits of a stable income stream with 2% annual rental increases.
Goddard School
Investment Highlights
- 20 YEAR ABSOLUTE NET LEASE INVESTMENT HIGHLIGHTS Brand new, long term, personally guaranteed base lease at market rent providing uninterrupted, stable and secure income stream from one single tenant.
- NEW CONSTRUCTION The versatile & durable facility was just constructed in 2020 with high quality materials and a smart functional design built for ease of maintenance and efficient use for the Tenant.
- NATIONALLY RECOGNIZED SCHOOL The Goddard School serves more than 75,000 students from six weeks to six years old in more than 600 Goddard Schools in 37 states and Washington, D.C.
Exclusively Listed By
Listing Price: $7,725,000
Investment Highlights
- 20 YEAR ABSOLUTE NET LEASE INVESTMENT HIGHLIGHTS Brand new, long term, personally guaranteed base lease at market rent providing uninterrupted, stable and secure income stream from one single tenant.
- NEW CONSTRUCTION The versatile & durable facility was just constructed in 2020 with high quality materials and a smart functional design built for ease of maintenance and efficient use for the Tenant.
- NATIONALLY RECOGNIZED SCHOOL The Goddard School serves more than 75,000 students from six weeks to six years old in more than 600 Goddard Schools in 37 states and Washington, D.C.
Investment Overview
The Goddard School of Kent is a newly constructed full service educational facility strategically constructed to service the Kent, Washington growth market. This secure, fully leased nationally branded school offers the investor a unique 20 Year base lease term with the Tenant responsible for all building and property operating expenses, maintenance, repairs and replacements. The strong personal lease guarantor assures that the investor will reap the long term benefits of a stable income stream with 2% annual rental increases.
Exclusively Listed By
