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Child Care

The Children's Courtyard (Learning Care Group)

1816 W Shields Ln, South Jordan, UT 84095

Listing Price: $7,912,000

Cap Rate
6.25%
Tenant Name
The Children's Courtyard
Years Remaining On Lease
20.3
Gross SF
12,870
Guarantor
Corporate Guarantee
Rentable SF
12,870
Price/Gross SF
$614.76
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.42

Investment Overview

Marcus & Millichap is pleased to present for sale The Children's Courtyard in South Jordan, UT (Salt Lake City MSA). The Children’s Courtyard schools are designed for children from six weeks to 12 years of age. The Children’s Courtyard is part of Learning Care Group, and has 96 schools open and in development across 12 states.
South Jordan is a city in Salt Lake County, Utah, part of the Salt Lake City metropolitan area and home to over 77,000 residents. The city lies in the Salt Lake Valley along the banks of the Jordan River.

Investment Highlights

  • Brand New 20-Year Triple-Net (NNN) Lease with 7.5% Rental Increases
  • New High-Quality 2025 Construction
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • 8 Feeder Elementary Schools within a 3-Mile Radius
  • Population in the Immediate Area is Projected to Increase 7-8% by 2028
  • Located in the Salt Lake City MSA with 341,904 Residents in a 5-Mile Radius
  • Average Household Income Exceeds $146,000 in a 1-Mile Radius
  • Surrounded by Single-Family and Multi-Family Homes and in Close Proximity to Major National Retailers

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s) UT: 6250302-PB00

    Utah

Financing By

Child Care

The Children's Courtyard (Learning Care Group)

Listing Price: $7,912,000

Cap Rate
6.25%
Tenant Name
The Children's Courtyard
Years Remaining On Lease
20.3
Gross SF
12,870
Guarantor
Corporate Guarantee
Rentable SF
12,870
Price/Gross SF
$614.76
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$38.42

Investment Highlights

  • Brand New 20-Year Triple-Net (NNN) Lease with 7.5% Rental Increases
  • New High-Quality 2025 Construction
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • 8 Feeder Elementary Schools within a 3-Mile Radius
  • Population in the Immediate Area is Projected to Increase 7-8% by 2028
  • Located in the Salt Lake City MSA with 341,904 Residents in a 5-Mile Radius
  • Average Household Income Exceeds $146,000 in a 1-Mile Radius
  • Surrounded by Single-Family and Multi-Family Homes and in Close Proximity to Major National Retailers

Investment Overview

Marcus & Millichap is pleased to present for sale The Children's Courtyard in South Jordan, UT (Salt Lake City MSA). The Children’s Courtyard schools are designed for children from six weeks to 12 years of age. The Children’s Courtyard is part of Learning Care Group, and has 96 schools open and in development across 12 states. South Jordan is a city in Salt Lake County, Utah, part of the Salt Lake City metropolitan area and home to over 77,000 residents. The city lies in the Salt Lake Valley along the banks of the Jordan River.

Broker of Record

  • Adam Lewis

    First Vice President/Regional Manager

    (303) 328-2000

    License(s): UT: 6250302-PB00

    Utah

Financing By

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