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Child Care

Goddard School

24116 132nd Ave SE, Kent, WA 98042

Listing Price: $7,725,000

Cap Rate
5.65%
Tenant Name
Goddard School
Guarantor
Personal Guarantee
Rentable SF
10,192
Lease Type
Absolute Net
Rent Per Square Feet
$42.82

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.

Investment Highlights

  • 20 YEAR ABSOLUTE NET LEASE - 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 and durable facility was just constructed in 2020 with high quality materials and a smart functional design.
  • 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

Financing By

Child Care

Goddard School

Listing Price: $7,725,000

Cap Rate
5.65%
Tenant Name
Goddard School
Guarantor
Personal Guarantee
Rentable SF
10,192
Lease Type
Absolute Net
Rent Per Square Feet
$42.82

Investment Highlights

  • 20 YEAR ABSOLUTE NET LEASE - 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 and durable facility was just constructed in 2020 with high quality materials and a smart functional design.
  • 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

Financing By

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