The Goddard School 20Year Lease With 200 Annual… — Sale in Knoxville, TN
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Knoxville, TN 37932
Investment Figures
- Cap rate
- 7.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present The Goddard School located in Knoxville, TN. Investment Highlights: • New 20-Year Lease with 2.00 Percent Annual Increases • Ascend Learning Partners (ALP) – Plans to be the Largest Goddard Operator in the Country • Strategic Partners with Upside Growth Partners (UGP) to Fuel Expansion • Long Term Tenancy at Location – Over 96 Percent Enrolled • The Goddard School - Over 600 Locations In 38 States • Over $86,000,000 Spent on Education & Daycare in a Five-Mile Radius
Market Context
This retail in Knoxville, TN is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Knoxville, TN — view the full market.
Contact
- Dominic Sulo · (630) 570-2171 · dsulo@marcusmillichap.com
- Jody McKibben · (615) 997-2800
- Dean Giannakopoulos · (312) 327-5423 · dean.giannakopoulos@marcusmillichap.com
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