CORPORATE GUARANTEE FROM LEARNING CARE GROUP

• The property is leased to the second largest for-profit early education providers in the U.S.
• The Learning Care Group has over 1,070 schools nationwide under trusted brands like Childtime, La Petite Academy, and Tutor Time.
• The company is consistently recognized as a U.S. Best Managed Company based on overall business performance and proven track record according to Deloitte Private & The Wall Street
  Journal.

 

WELL BELOW REPLACEMENT COST / TENANT CAPITAL IMPROVEMENTS

• This deal is offered at an attractive cap rate well below replacement cost for a childcare facility.
• Childtime is paying $8.30/SF at this location which is less than half of the market rent at $17.65/SF.
• Childtime took over operations at this location in 2019. Prior to moving in they made a substantial capital improvement to the playground.

 

PRIME SUBURBAN LOCATION

• Saratoga County is the fastest growing county in upstate NY with an increase in population growth every year since 2010.
• The subject property is located 6 miles South of Saratoga Springs, with strong commuter access via I-87.
• Over six elementary schools are located within a ±5-mile radius.

 

ESSENTIAL SERVICE – RECESSION-RESILIENT TENANT

• Childcare is a mission-critical, needs-based business with long-term demand, even during economic downturns.
• Enrollment trends remain strong in suburban areas post-COVID due to the limited supply for high quality early childhood education.

 

AFFLUENT TRADE AREA / DEMOGRAPHICS

• The 5-Mile average household income is approximately $120,000.
• Ballston Spa has a median age of 42, signaling prime demographics with families raising young kids, ultimately helping a thriving daycare business.