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- LoopNet Team
45 Province St
Boston, MA 02108
Guidepost Montessori · Multifamily Property For Sale
·
1 Unit
Investment Highlights
- Rare Trophy Asset Located in Downtown Boston - Downtown Boston is Home to the Corporate Headquarters for Gillette, General Electric, Liberty Mutual, W
- $822k+ In Improvements Underway, Renovation Completion Est. March/April 2022 - Tenant is Currently Paying Rent & Anticipates Opening in Q3/Q4 2022
- Full Corporate Guaranty from Higher Ground Education (Parent Company of Guidepost Montessori)
- Brand New 20-Year NNN Lease that Commenced December 2021 with Minimal Landlord Responsibilities (Roof & Structure)
- Strong Enrollment Projections (Contact Broker)
- Population Counts Exceed 982k a 5-Mile Radius with 1.50% Projected Annual Growth from '21-'26
Executive Summary
Stan Johnson Company is pleased to offer for sale the rare opportunity to own a single-tenant Guidepost Montessori School located in the heart of downtown Boston, MA. There is a 20-year NNN lease with minimal landlord responsibilities (roof & structure, percentage of building), 2% annual rental increases and a full corporate guaranty from Guidepost's parent company Higher Ground Education. Guidepost Montessori is the largest Montessori in the United States and currently has 96+ schools open with schools coming soon throughout the United States and in Honduras, Canada, China, and Hong Kong. Guidepost paid rent in full for all of their schools throughout the Pandemic and had a $250 million valuation in 2021.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Tub/Shower
- Views
- Walk-In Closets
- Family Room
- Freezer
- Floor to Ceiling Windows
Site Amenities
- 24 Hour Access
- Concierge
- Fitness Center
- Pool
- Spa
- Media Center/Movie Theatre
- Roof Terrace
- Elevator
- Lounge
