Real Estate

Real Estate and Lease Criteria

Site Criteria

• Building Type: Ideally freestanding, but we will consider in-line/end cap space.
• Lot Size: One to two acres
• Road Frontage: 200 feet preferred
• Prototypical Building Size: 9,315 square feet
• Adjacent Outdoor Play Area: Minimum of 3,000 square feet but varies by state and local municipality (call for more details)
• Parking: Per local code (minimum of 30 spaces)
• Accessibility: Easy ingress and egress
• Zoning: Child care permitted by right or conditional/special-use permit

Deal Criteria

• Acquisition Method: Build-to-suit lease or land purchase (no ground leases, please)
• Minimum Lease Term: 15 years
• Renewal Options: Three five-year options

Demographic Criteria

• Population: 50,000 (five-mile radius)
• Average Household Income: $70,000 (five-mile radius)
• Children Under Age Five: 3,000 (five-mile radius)

Trade Area Criteria

• High growth
• Ideally near elementary schools
• Near new housing growth
• Convenient to employment and business centers
• Convenient to commuter routes

For more questions about our real estate criteria or to present us with an opportunity, please contact our Real Estate Support Team.