Child Care
Lightbridge Academy (200+ Locations) | 15-Year Absolute NNN | 2.5% Annual Increases
3980 Ranchero Drive, Ann Arbor, MI 48108
Listing Price: $6,965,000
Cap Rate
7.75%
Tenant Name
Lightbridge Academy
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
14,925
Lease Type
Absolute Net
Rent Per Square Feet
$36.18
Investment Overview
Marcus & Millichap is pleased to present the Lightbridge Academy in Ann Arbor, Michigan.
Lightbridge Academy (200+ Locations) | 15-Year Absolute NNN | 2.5% Annual Increases
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities
- Rare 2.5% Annual Rental Increases Throughout the Base Term and Options
- Corporate Guaranty from New Jule Holdings (200+ Locations) for 5 Years and Full-Term Personal Guaranty
- Ranked #129 on Entrepreneur's Franchise 500 and #248 on Franchise Times' Top 400
- Average Gross Revenue for Lightbridge Academy After 24 Months is $3+ Million
- Child Care Industry is Booming and on Track to Grow Approximately 49% by 2030
- Michigan's Tri-Share Program Splits the Cost of Child Care Between the Employer, Employee, and the State
- Serving 160,000+ Residents in One of the Fastest Growing Areas in Michigan
Exclusively Listed By
Child Care
Lightbridge Academy (200+ Locations) | 15-Year Absolute NNN | 2.5% Annual Increases
Listing Price: $6,965,000
Cap Rate
7.75%
Tenant Name
Lightbridge Academy
Years Remaining On Lease
15.4
Guarantor
Corporate Guarantee
Rentable SF
14,925
Lease Type
Absolute Net
Rent Per Square Feet
$36.18
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities
- Rare 2.5% Annual Rental Increases Throughout the Base Term and Options
- Corporate Guaranty from New Jule Holdings (200+ Locations) for 5 Years and Full-Term Personal Guaranty
- Ranked #129 on Entrepreneur's Franchise 500 and #248 on Franchise Times' Top 400
- Average Gross Revenue for Lightbridge Academy After 24 Months is $3+ Million
- Child Care Industry is Booming and on Track to Grow Approximately 49% by 2030
- Michigan's Tri-Share Program Splits the Cost of Child Care Between the Employer, Employee, and the State
- Serving 160,000+ Residents in One of the Fastest Growing Areas in Michigan
Investment Overview
Marcus & Millichap is pleased to present the Lightbridge Academy in Ann Arbor, Michigan.
Exclusively Listed By
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