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Child Care

Childtime (Learning Care Group)

4600 Garden Corner Rd, Arlington, TX 76017

Listing Price: $2,290,000

Cap Rate
6.40%
Tenant Name
Learning Care Group
Years Remaining On Lease
5.7
Gross SF
8,200
Guarantor
Corporate Guarantee
Rentable SF
8,200
Price/Gross SF
$279.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.87

Investment Overview

Marcus & Millichap is pleased to present for sale Childtime in Arlington, Texas. Founded in 1967 as a division of Gerber Products Corporation, Childtime now has more than 200 learning centers across the country. Childtime is a subsidiary of Learning Care Group, Inc., the second largest for-profit provider of early childhood care and education services in the United States.

Arlington is a city in Texas' Tarrant County, part of the Dallas/Fort Worth metropolitan area. Home to roughly 394,200 residents, Arlington is the second-largest city in the county after Fort Worth and the third-largest city in the metro after Dallas and Fort Worth.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease - Tenant Recently Executed a Five Year Renewal Showing Commitment to the Site
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with More Than 1,050 Schools Across 11 Brands
  • Long-Standing Site - Tenant has Operated at this Location as Childtime for Over 15 Years
  • New Roof Installed in January 2020
  • Growing Trade Area in the Dallas/Fort Worth MSA with 217,057 Residents in a Five Mile Radius
  • Average Household Income Exceeds $118,000 Within Three Miles
  • Located Along a Retail Corridor Anchored by Kroger Marketplace, LA Fitness, and Albertsons - Other Neighboring Tenants Include Chick-fil-A, McDonald's, and Whataburger
  • Easily Accessible Location, Situated Immediately Off U.S. Highway 287 (73,860 Cars per Day)

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Child Care

Childtime (Learning Care Group)

Listing Price: $2,290,000

Cap Rate
6.40%
Tenant Name
Learning Care Group
Years Remaining On Lease
5.7
Gross SF
8,200
Guarantor
Corporate Guarantee
Rentable SF
8,200
Price/Gross SF
$279.27
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.87

Investment Highlights

  • Absolute Triple-Net (NNN) Lease - Tenant Recently Executed a Five Year Renewal Showing Commitment to the Site
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with More Than 1,050 Schools Across 11 Brands
  • Long-Standing Site - Tenant has Operated at this Location as Childtime for Over 15 Years
  • New Roof Installed in January 2020
  • Growing Trade Area in the Dallas/Fort Worth MSA with 217,057 Residents in a Five Mile Radius
  • Average Household Income Exceeds $118,000 Within Three Miles
  • Located Along a Retail Corridor Anchored by Kroger Marketplace, LA Fitness, and Albertsons - Other Neighboring Tenants Include Chick-fil-A, McDonald's, and Whataburger
  • Easily Accessible Location, Situated Immediately Off U.S. Highway 287 (73,860 Cars per Day)

Investment Overview

Marcus & Millichap is pleased to present for sale Childtime in Arlington, Texas. Founded in 1967 as a division of Gerber Products Corporation, Childtime now has more than 200 learning centers across the country. Childtime is a subsidiary of Learning Care Group, Inc., the second largest for-profit provider of early childhood care and education services in the United States. Arlington is a city in Texas' Tarrant County, part of the Dallas/Fort Worth metropolitan area. Home to roughly 394,200 residents, Arlington is the second-largest city in the county after Fort Worth and the third-largest city in the metro after Dallas and Fort Worth.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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