We are pleased to present the opportunity to acquire a single-tenant, absolute NNN childcare investment in Goddard, Kansas – the fastest-growing western suburb of the Wichita MSA – 100% leased to Launch Pad Learning Center, Inc. with 13.5 years of firm term remaining and zero landlord responsibilities. At $6.31 PSF, the in-place rent is exceptionally low relative to any comparable commercial use, providing the landlord with a highly defensible income stream and substantial rental upside upon any future lease event. The lease carries 2.5% annual increases through both the primary term and the 5-year renewal option, and is secured by a personal guaranty of the principal operator.
At 11,693 SF, the subject property is a large-format childcare facility providing substantial licensed enrollment capacity across multiple age groups. The property is situated along US Highway 400, the primary east-west arterial connecting Goddard to the Wichita employment core, with 17,898 VPD. Goddard Unified School District (USD 265) consistently ranks among the most sought-after public school systems in the Wichita MSA, drawing family households that represent the core demand base for licensed early childhood education. New licensed childcare supply in Goddard has failed to keep pace with the submarket’s sustained residential growth, reinforcing the operating position of established operators with long-term leases.
