Investment Offering
Monroe, OH - Childtime
755 Cold Water Drive | Monroe, OH 45050
$2,860,000
Price6%
Cap Rate$171,600
NOI10,400
± SF Offering GLADescription
SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN leased, corporate guaranteed, freestanding, Childtime investment property located in Monroe, Ohio (Cincinnati MSA). The tenant, Childtime Childcare Inc., recently extended their lease for an additional 7 years and 11 months and now has approximately 9 years of term remaining, demonstrating their long-term commitment to the site. The lease features a 10% rental increase in January ’26 and at the beginning of the option period, steadily growing NOI and hedging against inflation. The lease is NNN with landlord responsibilities limited to foundation, structure, and roof structure making it an ideal, low-management investment opportunity for a passive investor. Childtime Childcare Inc., is a subsidiary of Learning Care Group Inc., the second largest for-profit childcare operator with over 900 locations across the United States.
Location
Childtime is strategically located along State Highway 4, a major north/south retail thoroughfare with 25,500 vehicles passing by daily. The asset is ideally situated within a few miles of multiple elementary schools including, Cherokee Elementary (681 students) and Monroe Elementary School (1,122 students), providing parents with an easy one-stop drop-off location for all of their children’s educational needs. Located in a growing retail corridor, Childtime is within close proximity to multiple national/credit tenants including a Kohl’s Distribution Center, Kroger, Circle K, and more. Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover tenant exposure for the site. Furthermore, the subject property is adjacent to The Reserve at Monroe Crossing, a 2-story 150-unit apartment complex, providing a direct consumer base from which to draw. The 5-mile trade area is supported by more than 93,100 residents and 19,400 daytime employees. Residents within a 1-mile radius boast an extremely affluent income of $103,736.
Documents & Links
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 Offering Memorandum |  |  |