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Child Care

La Petite Academy (Learning Care Group)

1645 E Guadalupe Rd, Tempe, AZ 85283

Listing Price: $2,000,000

Cap Rate
6.50%
Tenant Name
La Petite Academy, Inc.
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
5,040
Lease Type
Absolute Net
Rent Per Square Feet
$25.79

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. The free-flowing, open concept design of La Petite Academy’s facilities inspires a nurturing, interactive, and collaborative environment where children can thrive.

Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. Visitors will find locally-owned eateries and microbreweries, annual festivals, arts and cultural events.

Investment Highlights

  • Absolute NNN Lease with Annual Rent Increases and Multiple Renewal Options
  • 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
  • ±15 Feeder Elementary Schools within a 3-Mile Radius
  • Densely-Populated Tempe Trade Area - 392,764 Residents within a 5-Mile Radius
  • Average Household Income Exceeds $136,000 in the Immediate Area
  • Located at a Busy Retail Intersection - Tenants Include Trader Joe's, PetSmart, Fry's, Petco, and Walgreens
  • Easily Accessible Location at the Corner of East Guadalupe Road and South McClintock Drive (56,000+ Combined Cars per Day)

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Child Care

La Petite Academy (Learning Care Group)

Listing Price: $2,000,000

Cap Rate
6.50%
Tenant Name
La Petite Academy, Inc.
Years Remaining On Lease
5.2
Guarantor
Corporate Guarantee
Rentable SF
5,040
Lease Type
Absolute Net
Rent Per Square Feet
$25.79

Investment Highlights

  • Absolute NNN Lease with Annual Rent Increases and Multiple Renewal Options
  • 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
  • ±15 Feeder Elementary Schools within a 3-Mile Radius
  • Densely-Populated Tempe Trade Area - 392,764 Residents within a 5-Mile Radius
  • Average Household Income Exceeds $136,000 in the Immediate Area
  • Located at a Busy Retail Intersection - Tenants Include Trader Joe's, PetSmart, Fry's, Petco, and Walgreens
  • Easily Accessible Location at the Corner of East Guadalupe Road and South McClintock Drive (56,000+ Combined Cars per Day)

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. The free-flowing, open concept design of La Petite Academy’s facilities inspires a nurturing, interactive, and collaborative environment where children can thrive. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. Visitors will find locally-owned eateries and microbreweries, annual festivals, arts and cultural events.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    Senior Managing Director, Market Leader - Arizona

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

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