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Child Care

La Petite Academy (Learning Care Group)

12000 Warwick Dr, Oklahoma City, OK 73162

Listing Price: $790,000

Cap Rate
7.25%
Tenant Name
La Petite Academy
Years Remaining On Lease
2.1
Gross SF
5,250
Guarantor
Corporate Guarantee
Rentable SF
5,250
Price/Gross SF
$150.48
Lease Type
Absolute Net
Rent Per Square Feet
$10.90

Investment Overview

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. La Petite Academy provides strong social and educational foundations to prepare children for success in elementary school and beyond.

Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with a 4.5 Percent Rent Increase Upon Option Renewal
  • 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
  • Approximately 10 Feeder Elementary Schools within a Three-Mile Radius
  • Densely-Populated Oklahoma City Trade Area with 173,258 Residents within a Five-Mile Radius
  • Average Household Income Exceeds $114,000 within Three Miles of the Site
  • Easily Accessible Location at a Busy Intersection (Approximately 36,500 Cars per Day), One Mile Off the Interstate 344 Freeway
  • Two Miles from Mercy Hospital Oklahoma City, One of the Metro's Largest Employers

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s) OK: 149994

    Oklahoma

Financing By

Child Care

La Petite Academy (Learning Care Group)

Listing Price: $790,000

Cap Rate
7.25%
Tenant Name
La Petite Academy
Years Remaining On Lease
2.1
Gross SF
5,250
Guarantor
Corporate Guarantee
Rentable SF
5,250
Price/Gross SF
$150.48
Lease Type
Absolute Net
Rent Per Square Feet
$10.90

Investment Highlights

  • Absolute Triple-Net (NNN) Lease with a 4.5 Percent Rent Increase Upon Option Renewal
  • 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
  • Approximately 10 Feeder Elementary Schools within a Three-Mile Radius
  • Densely-Populated Oklahoma City Trade Area with 173,258 Residents within a Five-Mile Radius
  • Average Household Income Exceeds $114,000 within Three Miles of the Site
  • Easily Accessible Location at a Busy Intersection (Approximately 36,500 Cars per Day), One Mile Off the Interstate 344 Freeway
  • Two Miles from Mercy Hospital Oklahoma City, One of the Metro's Largest Employers

Investment Overview

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. La Petite Academy provides strong social and educational foundations to prepare children for success in elementary school and beyond. Oklahoma City is the capital and largest city in the state of Oklahoma, ranking 22nd among U.S. cities in population with 681,054 residents. The Oklahoma City metropolitan area has a population of 1,396,445, and the Oklahoma City-Shawnee Combined Statistical Area has a population of 1,469,124 (Chamber of Commerce) residents, making it Oklahoma’s largest metropolitan area by population.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division

    (918) 294-6300

    License(s): OK: 149994

    Oklahoma

Financing By

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