Skip to main content

Child Care

Cadence Academy - Leading U.S. Early Childhood Education Operator | 3% Annual Bumps | Absolute Net

801 Baldwin Rd, Orange (New Haven County), CT 06477

Listing Price: $3,740,000

Cap Rate
6.75%
Tenant Name
Cadence Education
Years Remaining On Lease
12.2
Gross SF
6,638
Guarantor
Corporate Guarantee
Rentable SF
6,638
Price/Gross SF
$563.42
Lease Type
Absolute Net
Rent Per Square Feet
$38.02

Investment Overview

Orange, Connecticut is an affluent New Haven County community strategically positioned within the Greater New Haven region. Orange reported a 2024 median household income of approximately $142,325, with a median home value of roughly $491,500 and an 89% homeownership rate, reflecting a stable, high-income residential base. The area is anchored by Yale University (~14,000 faculty/staff), Yale West Campus in Orange (~1.6M SF), University of New Haven, and Yale New Haven Health. Connectivity via I-95, Route 15, Route 34 and Route 1.

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) featuring 3.0% annual rental increases through the initial term and options.
  • Excellent Regional Accessibility - Convenient Access to Route 34, Route 1, Route 15/Wilbur Cross Parkway and I-95 Connects the Property with Orange, New Haven, Milford, West Haven, Shelton and more.
  • Leading National Early Childhood Education Platform - Cadence Education Operates 354 Private Preschools Nationwide, Backed by More than 30 Years of Experience.
  • Strategic Greater New Haven Location - Positioned within the Greater New Haven Market, Providing Access to One of Connecticut's Largest Concentrations of Healthcare, Higher Education, Research and Professional Employment.
  • Essential, Needs-Based Childcare Use - Early Childhood Education and Childcare Serve an Essential Need for Working Families, Generating Recurring Demand that is Less Discretionary than Many Traditional Consumer-Oriented Uses.
  • Consistent Demand from Working Families - Orange's Affluent Professional Population and Strong Workforce Participation Support Sustained Demand for Dependable Full-Day Childcare, Preschool and Early-Learning Programs throughout the Workweek.
  • Supported by Major Employment Centers - Proximity to Yale University, Yale West Campus, Yale New Haven Hospital and Other Major Employers Creates a Substantial Base of Working Professionals Requiring Convenient Childcare Solutions.
  • Highly Attractive Family Demographics - Orange Combines High Household Incomes, Strong Homeownership and a Meaningful Population of Families with Children, Creating Favorable Long-Term Fundamentals for Childcare-Oriented Real Estate.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • John Krueger

    National Director of Development and Training

    (212) 430-5157

    License(s) CT: REB.0791913

    Connecticut

Financing By

Child Care

Cadence Academy - Leading U.S. Early Childhood Education Operator | 3% Annual Bumps | Absolute Net

Listing Price: $3,740,000

Cap Rate
6.75%
Tenant Name
Cadence Education
Years Remaining On Lease
12.2
Gross SF
6,638
Guarantor
Corporate Guarantee
Rentable SF
6,638
Price/Gross SF
$563.42
Lease Type
Absolute Net
Rent Per Square Feet
$38.02

Investment Highlights

  • Long Term Absolute Net Lease (Zero Landlord Obligations) featuring 3.0% annual rental increases through the initial term and options.
  • Excellent Regional Accessibility - Convenient Access to Route 34, Route 1, Route 15/Wilbur Cross Parkway and I-95 Connects the Property with Orange, New Haven, Milford, West Haven, Shelton and more.
  • Leading National Early Childhood Education Platform - Cadence Education Operates 354 Private Preschools Nationwide, Backed by More than 30 Years of Experience.
  • Strategic Greater New Haven Location - Positioned within the Greater New Haven Market, Providing Access to One of Connecticut's Largest Concentrations of Healthcare, Higher Education, Research and Professional Employment.
  • Essential, Needs-Based Childcare Use - Early Childhood Education and Childcare Serve an Essential Need for Working Families, Generating Recurring Demand that is Less Discretionary than Many Traditional Consumer-Oriented Uses.
  • Consistent Demand from Working Families - Orange's Affluent Professional Population and Strong Workforce Participation Support Sustained Demand for Dependable Full-Day Childcare, Preschool and Early-Learning Programs throughout the Workweek.
  • Supported by Major Employment Centers - Proximity to Yale University, Yale West Campus, Yale New Haven Hospital and Other Major Employers Creates a Substantial Base of Working Professionals Requiring Convenient Childcare Solutions.
  • Highly Attractive Family Demographics - Orange Combines High Household Incomes, Strong Homeownership and a Meaningful Population of Families with Children, Creating Favorable Long-Term Fundamentals for Childcare-Oriented Real Estate.

Investment Overview

Orange, Connecticut is an affluent New Haven County community strategically positioned within the Greater New Haven region. Orange reported a 2024 median household income of approximately $142,325, with a median home value of roughly $491,500 and an 89% homeownership rate, reflecting a stable, high-income residential base. The area is anchored by Yale University (~14,000 faculty/staff), Yale West Campus in Orange (~1.6M SF), University of New Haven, and Yale New Haven Health. Connectivity via I-95, Route 15, Route 34 and Route 1.

Exclusively Listed By

  • Alvin Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    Managing Director Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • John Krueger

    National Director of Development and Training

    (212) 430-5157

    License(s): CT: REB.0791913

    Connecticut

Financing By

MM Texture Background
MM Textured Background Lower