Retail    

Childtime Childcare

 Granite Bay (Sacramento), CA

Asking Price

$3,400,000

Cap Rate

6.37%

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Expenses

Abs NNN

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Potential Value Add

Opportunity

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Avg HHI

$183K (1-Mi)

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Population

215K (5-Mi)

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • 2nd-Largest Corporate Childcare Operator w/ 1,100+ Units
    Childtime’s parent company, Learning Care Group, is the 2nd-largest, 100% corporately operated, early education provider in the United States. Learning Care Group operates over 1,100 locations across 39 states.
  • Potential Value Add Opportunity - Contact Broker for More Info
  • Ideal Childcare Property Characteristics with Over 20 Years of Operating History
    8,320 sqft building on an acre lot that is well positioned to nearby offices and single-family homes to be a go-to childcare provider.
  • Avg. HH Income of $183K+ within a 1-mile Radius & Projected to Grow 14.39% by '29
  • Population Counts Exceed 215k within a 5-mile Radius & Projected to Grow 2.21% by '29
  • Strong Mix of Retail & Office Surrounding the Property
    Well located to serve as a go-to childcare provider for many nearby employers. Nearby national brands include Chick-fil-A, Crunch Fitness, Safeway, HomeGoods, and more.
  • Feeder School for Greenhills Elementary School, Maidu Elementary School, Excelsior School, George Sargeant Elementary School, and Ridgeview Elementary School
  • High Education & Daycare Consumer Spending
    $790+ million spent on education & daycare in a 10-mile radius.
  • One of the Fastest-Growing Counties in California
    Granite Bay is an exclusive suburb in Placer County directly east of Sacramento. Placer County routinely ranks as one of the healthiest and best counties for quality of life. The county's variety of places to live, top-rated schools, outdoor wonderland, amazing weather, plentiful arts and history, and outstanding offerings for dining, shopping, and entertainment all help to explain its attraction of people and business.

Exclusively Listed By

Remmington Penn

Associate
  rpenn@northmarq.com      +1 415.925.9955
BRE #02220211

Milo Spector

Senior Vice President
  mspector@northmarq.com      +1 510.461.4505
BRE #01959211

Stephen Hasbrook

Investment Sales Analyst

BRE #02082677

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