Second-Largest Childcare Provider: La Petite Academy is a well-established brand under the Learning Care Group (LCG) umbrella, which is the second-largest childcare provider in the United States with 1,100+ locations.
New 10-Year Lease: The tenant just executed a new long-term lease with annual increases throughout the base term and options, continuing a 35+ year operating history at this location.
Significant Capital Improvements: The tenant is deploying $500,000 into the property, indicating long-term commitment to the location.
Attractive Basis: The average daycare on the market with 10+ years on the lease is priced above $4M, and this opportunity is available at less than half that. Some daycare assets are priced well into the $7M range, more than 3X the price of this asset.
Atlanta Submarket – Top 10 MSA: Atlanta, GA is a top 10 MSA with sustained population growth, strong job formation, and continue in-migration from families.
Early Education Industry Growth: The U.S. childcare market reached $58.97B in 2023 and is projected to grow to $73B by 2030 (source: Towards Healthcare), reinforcing the long-term viability of the tenant’s business model.