About the Investment:
– Brand New 20-Year Net Lease with the Largest Private Montessori School Operator in the World
– School Already has 76 Students Enrolled, Only Two Weeks After Officially Opening!
– 111 Total Locations, Including 11 International Locations
– Tenant Plans to Operate 350+ Locations by 2026
– Brand New Remodel
– Corporate Guarantee From Guidepost’s Parent Company – Higher Ground Education Inc
– $600M Company Valuation in 2023
– Enrollments up 247% Since Pre-Covid
– Tenant is Currently Remodeling/Rebranding the Site and Committing $3M in Interior and Exterior Improvements
– 2.00% Annual Increases
– Tenant Paid Full Rent at ALL Locations Throughout Covid – Demonstrating Strength of Balance Sheet
PUD 333/Office O-2 is a Planned Unit Development (PUD) zoning district in Oklahoma City. PUDs are a type of zoning that allows for more flexibility than traditional zoning districts. This flexibility allows developers to create projects that are more tailored to the specific needs of the community and various users.
The Office O-2 zoning district is in a variety of areas throughout Oklahoma City that have access to amenities such as restaurants, shops, and transportation. This can be beneficial for businesses and employees who want to be located in a convenient location. This zoning is conducive to office, R&D, education, retail stores, hotels, medical facilities, and cultural facilities.
About the Investment:
✓ Value-add Investment Or Move-in Ready Owner User Opportunity
✓ Ownership Has Made Significant Investment Into Updating And Renovating The Building, Totaling More Than $2,780,000:
✓ New HVAC, Roof Repairs, Landscaping, Brand-new Furniture (Contact Agent), Security & Key-card Door Entry, Asphalt Repairs, And Common Area Improvements Among Other Renovations
✓ Priced Below Replacement Cost Providing A New Owner/User With An Attractive Cost Basis On A Turn-key Operations Center
✓ Can Be Purchased Equipped With New Office Furniture
✓ Low Coverage Investment With Ample Parking Ratio Of 7.91 Per 1,000 Square Feet
