Child Care
The Goddard School | New 15-Year Lease with 3.00% Annual Increases
50 Van Wyck Ln, Wappingers Falls, NY 12590
Listing Price: $4,720,000
Cap Rate
7.25%
Tenant Name
The Goddard School
Years Remaining On Lease
14.0
Guarantor
Franchisee Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$34.22
Investment Overview
Marcus & Millichap is pleased to present The Goddard School located in Wappinger Falls, New York.
The Goddard School | New 15-Year Lease with 3.00% Annual Increases
Investment Highlights
- New 15-Year Lease with Limited Landlord Responsibility
- Long Term Tenancy at Location – In Operation Since 2012
- The Goddard School - Over 600 Locations in 38 States
- Demand for Daycare Remains Extremely Strong
- Internet Resistant Tennant
- New York Remains a Top 5 State with the U.S.
Child Care
The Goddard School | New 15-Year Lease with 3.00% Annual Increases
Listing Price: $4,720,000
Cap Rate
7.25%
Tenant Name
The Goddard School
Years Remaining On Lease
14.0
Guarantor
Franchisee Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$34.22
Investment Highlights
- New 15-Year Lease with Limited Landlord Responsibility
- Long Term Tenancy at Location – In Operation Since 2012
- The Goddard School - Over 600 Locations in 38 States
- Demand for Daycare Remains Extremely Strong
- Internet Resistant Tennant
- New York Remains a Top 5 State with the U.S.
Investment Overview
Marcus & Millichap is pleased to present The Goddard School located in Wappinger Falls, New York.
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