Corporate Guarantee from Learning Care Group
- The property is leased to the nation’s second-largest for-profit early education provider, operating over ±1,070 schools under eleven brands. The company is recognized as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal.
Annual Rental Increases
- The lease features 1.75% annual rent increases throughout the remaining ±8.3 years of the initial 15-year term, plus two, 5-year renewal options.
Essential Service – Recession-Resilient Tenant
- The tenant operates in the essential childcare sector—a needs-based, non-discretionary service with strong long-term demand, including during economic downturns. Post-pandemic enrollment trends remain robust in suburban markets, driven by limited supply of high-quality early education options.
Affluent Trade Area / Demographics
- The surrounding ±5-mile radius boasts an average household income of approximately $103,989. The property is situated just 3 miles north of Glens Falls, NY, where the median age is ±37 years old—indicative of a stable, family-oriented demographic base supportive of sustained childcare demand.
Nearby Feeder Elementary Schools
- The site benefits from proximity to more than ±15 feeder elementary schools within a ±5-mile radius. In total, Warren County hosts ±16 public elementary schools, ±9 middle schools, and ±11 high schools, reinforcing long-term demand drivers for early childhood education services in the area.