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The Goddard School
300 Hogan Lane - Conway, AR 72034
Sands Investment Group is Pleased to Exclusively Offer for Sale a 9,000 SF The Goddard School Absolute NNN Asset Located at 300 Hogan Lane in Conway, AR. This Deal Includes a Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities and a Personal Guaranty Showing Strong Commitment to the Site, Providing For a Secured Investment.
- The Franchisee is 5+ Unit Goddard School Operator; Established in 1988, Goddard Systems, Inc. (GSI) is a Leader in the Premium Early Childcare and Education Market
- GSI is Consistently Named One of the Top Childcare Franchises in the U.S. By Entrepreneur Magazine and One of the Top 200 Franchise Systems (in Worldwide Sales) By Franchise Times
- Long-Term 15 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Personal Guaranty Showing a Strong Commitment to the Site
- Conway is a Suburb North of Little Rock, the State’s Capital and Largest City, and 1 Hour From Memphis International Airport (MEM)
- Over 26,000 Households in a 5-Mile Radius With a Majority Being Between the Ages of 25-44
- 10 Feeder Elementary Schools Within a 5-Mile Radius
- Westrock Coffee Co. (NYSE: WEST) Will Become One of Conway’s Largest Employers, With About 850 Workers and an Investment of More Than $700 Million, When it Completes Expansion of Coffee Production at its Faulkner County Plant Over the Next Five Years
- Conway Ranks Among America’s Top 40 Fastest-Growing Cities Since 2022 According to U.S. Census Bureau
- Home to Three (3) Universities: University of Central Arkansas, Hendrix College and Central Baptist College
- 10 Minute Drive From Both Baptist Health Medical Center & Conway Medical Center
In Cooperation With Sands Investment Group Arkansas, LLC – Lic. #PB00085157 BoR: Andrew Ackerman – Lic. AR #PB00085157
The Goddard School
300 Hogan Lane - Conway, AR 72034
THE GODDARD SCHOOL
Established in 1988, Goddard Systems, Inc. (GSI), the franchisor of The Goddard School, is the acknowledged leader in the premium early childcare and education market segment. Headquartered in King of Prussia, Pennsylvania, GSI has been consistently named one of the top childcare franchises in the United States by Entrepreneur magazine and one of the Top 200 Franchise Systems (in worldwide sales) by Franchise Times. The Goddard School serves more than 75,000 students from six weeks to six years old in more than 600 Goddard Schools in 37 states and Washington, D.C. The Goddard School is committed to provide and ensure the highest quality of social and academic experiences for early childhood development. Their F.L.EX. ® (Fun Learning Experience) Learning Program is child focused and age appropriate; From Infant and Toddler learning milestones to Enrichment & STEAM for Preschooler and Kids Club (before & after school). Their 21st century learning approach prepares them for success in School and in Life.
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$1,857,143
Available
Price
$4,885,714
Cap Rate
7.00%
PREMISES
9,000 SF
RENEWAL OPTIONS
2 x 5 Year Options
Lease Expiration
10/31/2038
Lease Type
Absolute NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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