Nationally Recognized Tenant: Tutor Time Learning Center – Subsidiary of Learning Care Group, Inc. – The property is leased to Tutor Time Learning Center, an accredited child care group, which has nearly 200 corporate and franchise schools throughout the United States, Hong Kong and Indonesia. Tutor Time is a subsidiary of Learning Care Group, Inc., the second largest for-profit provider of child care and educational services in the United States, with over 900 locations.
Long Term Absolute NNN Lease – Rent Growth – Zero Landlord Responsibilities – Tutor Time’s original 22-year lease term has over 10 years remaining and features (2) 5-year renewal options. The lease features strong rent growth, with 1.75% annual rent increases in the Primary Term and in the Option Periods. The Absolute Triple-Net (NNN) lease offers an investor a stable cash flow with no landlord responsibilities.
Shadow Anchored by Walmart Supercenter – Strong Retail Synergy – The Property is shadow anchored by Walmart Supercenter, with co-tenants including Chase Bank, AutoZone, Del Taco, Burger King, T-Mobile, and GameStop. The site offers outstanding retail synergy with neighboring national tenants including Jiffy Lube, ACE Hardware, KFC, Domino’s Pizza, Arby’s, Panda Express, and more.
Adjacent to New Tuscano Residential Development – Mix of Single Family Homes & Townhomes – The Property is located across from the new Tuscano residential development. This new 1500-lot project will be released in nine phases. Phase I (135 lots) and Phase II (258 lots) have been released and have been selling quickly. Homes will range in size from 1,400-2,500 square feet, starting in the $200,000’s.
Located Along Major Retail/Commuter Corridor – Excellent Visibility – Multiple Access – The Property is located along W. Lower Buckeye Rd, a strong retail/commuter corridor offering visibility and signage to 19,000+ vehicles per day. This strategic location offers multiple access points in/out of the property, providing quick drop-off/pick-up for parents on their way to work.
Strategic Location to Surrounding Major Employers – Dense Trade Area – The subject property benefits from its proximity to major employers in the area such as WinCo Foods Distribution Center, Swift Transportation, Sysco Food Service Center, Amazon, UPS, Kellogg’s, Living Spaces, PetSmart, DHL, and PepsiCo. The surrounding densely populated area has nearly 230,000 people and 63,000+ households located within a 5-mile radius of the subject property, allowing the location to pull students from a large radius of surrounding communities and residential developments.