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Goddard School | Sale-leaseback 2074 E High St 6,720 SF 6% Leased Retail Building Pottstown, PA 19464 $1,300,000 ($193.45/SF) 8.08% Cap Rate
Investment Highlights
- 6,720 Square Foot Building on a 1.26 Acre Lot
- trong Value-Add Potential with a New Management Team
- Purpose-Built Childcare Construction
- Over 20 Years of Operating History
- Established Preschool Facility in a High-Demand Market
- Strategic Residential Location
Executive Summary
Marcus & Millichap is pleased to present an opportunity to acquire a Goddard School franchise - one of the most recognized and trusted names in early childhood education.
Goddard's academic differentiation is well-documented. Students consistently outperform national peers by an average of 45 percent across core early learning competencies - including literacy, numeracy, phonemic awareness, and language development - as measured by the Children's Progress Academic Assessment. That performance track record drives parent demand and retention in ways that generic preschool operators simply can't replicate.
With nearly 30 years in the market, over 400 franchise locations across 35 states, and a proven operational system administered by Goddard Systems, Inc. (GSI) out of King of Prussia, PA, the brand carries institutional credibility that supports both enrollment growth and long-term asset value.
BROKER OF RECORD:
Timothy Stephenson, Jr., Broker of Record, 2005 Market St., Suite 1510, Philadelphia, PA 19103, Lic. #: RMR006104, Firm Lic. #: RB062197C, P: (215) 531-7000, Timothy.Stephenson@marcusmillichap.com
Goddard's academic differentiation is well-documented. Students consistently outperform national peers by an average of 45 percent across core early learning competencies - including literacy, numeracy, phonemic awareness, and language development - as measured by the Children's Progress Academic Assessment. That performance track record drives parent demand and retention in ways that generic preschool operators simply can't replicate.
With nearly 30 years in the market, over 400 franchise locations across 35 states, and a proven operational system administered by Goddard Systems, Inc. (GSI) out of King of Prussia, PA, the brand carries institutional credibility that supports both enrollment growth and long-term asset value.
BROKER OF RECORD:
Timothy Stephenson, Jr., Broker of Record, 2005 Market St., Suite 1510, Philadelphia, PA 19103, Lic. #: RMR006104, Firm Lic. #: RB062197C, P: (215) 531-7000, Timothy.Stephenson@marcusmillichap.com
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,720 SF
Building Class
B
Year Built
1995
Price
$1,300,000
Price Per SF
$193.45
Cap Rate
8.08%
NOI
$105,000
Percent Leased
6%
Building Height
1 Story
Building FAR
0.12
Lot Size
1.26 AC
Zoning
R4
Parking
28 Spaces (4.17 Spaces per 1,000 SF Leased)
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 42-00-01732-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $413,680 |
Property Taxes
Parcel Number
42-00-01732-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$413,680
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