Child Care
The Goddard School | 20-Year Lease with 2.00% Annual Increases | AHHI Exceeds $147,000 in 1-Mile
10720 Virginia Pine Way, Knoxville, TN 37932
Listing Price: $4,929,000
Cap Rate
7.00%
Tenant Name
ALP Knox Hardin Valley OpCo, LLC
Guarantor
Franchisee Guarantee
Rentable SF
11,159
Lease Type
Absolute Net
Rent Per Square Feet
$30.92
Investment Overview
Marcus & Millichap is pleased to present The Goddard School located in Knoxville, TN.
The Goddard School | 20-Year Lease with 2.00% Annual Increases | AHHI Exceeds $147,000 in 1-Mile
Investment Highlights
- New 20-Year Lease with 2.00 Percent Annual Increases
- Ascend Learning Partners (ALP) – Plans to be the Largest Goddard Operator in the Country
- Strategic Partners with Upside Growth Partners (UGP) to Fuel Expansion
- Long Term Tenancy at Location – Over 96 Percent Enrolled
- The Goddard School - Over 600 Locations In 38 States
- Over $86,000,000 Spent on Education & Daycare in a Five-Mile Radius
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
Child Care
The Goddard School | 20-Year Lease with 2.00% Annual Increases | AHHI Exceeds $147,000 in 1-Mile
Listing Price: $4,929,000
Cap Rate
7.00%
Tenant Name
ALP Knox Hardin Valley OpCo, LLC
Guarantor
Franchisee Guarantee
Rentable SF
11,159
Lease Type
Absolute Net
Rent Per Square Feet
$30.92
Investment Highlights
- New 20-Year Lease with 2.00 Percent Annual Increases
- Ascend Learning Partners (ALP) – Plans to be the Largest Goddard Operator in the Country
- Strategic Partners with Upside Growth Partners (UGP) to Fuel Expansion
- Long Term Tenancy at Location – Over 96 Percent Enrolled
- The Goddard School - Over 600 Locations In 38 States
- Over $86,000,000 Spent on Education & Daycare in a Five-Mile Radius
Investment Overview
Marcus & Millichap is pleased to present The Goddard School located in Knoxville, TN.
Exclusively Listed By
Broker of Record
-
Jody McKibben
Senior Managing Director, Market Leader - Mid-South
Financing By
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