Retail    

Guidepost Montessori

Boston, MA

Asking Price

$6,953,846

Cap Rate

6.50%

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Expenses

NNN

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Yr Built/Remodeled

2007/2022 (Unit)

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Square Feet

6,030 SF

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Land

0.32 AC

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INVESTMENT HIGHLIGHTS

  • Rare Trophy Asset Located in Downtown Boston - Downtown Boston is Home to the Corporate Headquarters for Gillette, General Electric, Liberty Mutual, Wayfair, State Street. Trader Joe's also has Corporate Offices in Downtown Boston
  • Brand new 20-Year NNN Lease that commenced December 2021
  • $822k+ In Improvements Underway, Renovation Completion Est. March/April 2022 - Tenant is Currently Paying Rent & Anticipates Opening in Q3/Q4 2022
  • Strong Enrollment Projections (Contact Broker)
  • Guidepost Montessori is the Largest Corporate Montessori School Operator in the U.S. with 95+ Locations Nationally and Locations Globally, Growth of 40+ Schools Annually and Plans to Grow to 500+ Locations by 2026
  • Full Corporate Guaranty from Higher Ground Education (Parent Company of Guidepost Montessori)
  • Higher Ground Education Has Doubled Revenue Each Year Since 2016, Paid Full Rent for all of their Schools Throughout the Pandemic and Has Seen Enrollments Double Since 2020. HGE was Valued at $250 Million in 2021
  • Population Counts Exceed 982k a 5-Mile Radius with 1.50% Projected Annual Growth from '21-'26
  • Excellent Average HH Income of $168k+ in a 1-Mile Radius

Exclusively Listed By

Chris Lomuto

Associate Director

BRE #01962410

Matt Lipson

Associate Director

BRE #01892096

In Association With
Phillip C. Tomlinson

MA Lic #150418

Northmarq

2121 N. California Blvd
Suite 290
Walnut Creek, CA 94596


northmarq.com