Child Care
La Petite Academy | Recent Tenant Extension
8037 Meadow Vale Dr, Memphis, TN 38125
Listing Price: $1,163,000
Investment Overview
Marcus & Millichap is pleased to present for sale La Petite Academy in Memphis, Tennessee. La Petite Academy, Inc. is one of the nation's largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. Considered the home of the blues and the birthplace of rock 'n' roll, Memphis is a city rich in culture and history. With over 1.4 million residents in the Greater Memphis Area (including over 640,000 residents within the city itself), Memphis is Tennessee's second-most populous city (after Nashville) and is the Southeast's fifth-most populous city.
La Petite Academy | Recent Tenant Extension
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Recent Five Year Extension
- Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,050 Schools Across 11 Brands
- Long Term Occupancy, Showing Commitment to Site - Tenant has Operated at the Site for 32 Years
- 153,561 Residents within a Five-Mile Radius - Growing Memphis Trade Area
- Average Household Income Exceeds $99,000 within Five Miles of the Site
- Signalized Hard Corner Location with More Than 37,180 Cars per Day Along Hacks Cross Road
- Walking Distance from Southwind Elementary School and Southwind High School
- Five Minutes from a Dense Retail Corridor - Costco, Lowe's, Walmart, Kroger, and More
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,163,000
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Recent Five Year Extension
- Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,050 Schools Across 11 Brands
- Long Term Occupancy, Showing Commitment to Site - Tenant has Operated at the Site for 32 Years
- 153,561 Residents within a Five-Mile Radius - Growing Memphis Trade Area
- Average Household Income Exceeds $99,000 within Five Miles of the Site
- Signalized Hard Corner Location with More Than 37,180 Cars per Day Along Hacks Cross Road
- Walking Distance from Southwind Elementary School and Southwind High School
- Five Minutes from a Dense Retail Corridor - Costco, Lowe's, Walmart, Kroger, and More
Investment Overview
Marcus & Millichap is pleased to present for sale La Petite Academy in Memphis, Tennessee. La Petite Academy, Inc. is one of the nation's largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. Considered the home of the blues and the birthplace of rock 'n' roll, Memphis is a city rich in culture and history. With over 1.4 million residents in the Greater Memphis Area (including over 640,000 residents within the city itself), Memphis is Tennessee's second-most populous city (after Nashville) and is the Southeast's fifth-most populous city.
Exclusively Listed By
Broker of Record
Financing By
