The Goddard School 106 Stone Village Dr 15,000 SF Retail Building Greenville, SC 29615 $9,491,000 ($632.73/SF) 6.90% Cap Rate

Long-Term Lease: This brand new 2025 Absolute Net lease includes a 20-year initial term with four additional 5-year renewal option periods.
Strong Rent Increases: With base rent increases of 7.5% every 5 years, this property offers its investors steady, long-term financial growth.
Minimal Landlord Responsibilities: Structured as a Absolute Net lease, this property gives investors the opportunity to generate stable returns with minimal landlord responsibilities.
Leading Early Childhood Education Provider: The Goddard School is nationally recognized as the premier provider of early childhood education. In 2023, it was also distinguished as a top Recession-Proof Franchise, highlighting its stability and reliability in challenging economic times.
Highly Recognized Franchisee: The tenant, a Goddard School franchisee, continues to receive multiple awards and was the top ranked among over 520 schools nationwide in 2019.
State-of-the-Art Construction: This brand new, 2025 Built-to-Suit for The Goddard School features top-tier class A+ amenities for its teachers and students.
Strategic Location in a Strong Commercial Corridor: Located within the commercial corridor of Pelham Rd and I-85, one of the busiest retail corridors in the Upstate of SC, and closely situated to strong retail presences, such as Walmart, Lowes Foods, Chick-fil-A, and Starbucks, this property is uniquely poised to benefit from its strong market exposure.
Directly Across from Large, Up-Scale Living Community: This property sits directly across from one of the main entrances of Thornblade neighborhood, a living community that boasts approx. 400 houses with an average price of $1.2 million. Thornblade has also been the proud host of the BMW Pro-Am golf tournament for the past 15 years.
Strong Demographics: With a 5 mile population density of ±147,000 people and a 3 mile average household income of $124,536, this property is ideally situated for excellent customer exposure through its proximity to a large and affluent customer base.
Rapidly Developing Market: Greenville, along with the Upstate of South Carolina as a whole, has gained recognition as a prime destination and rapidly growing city, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockheed Martin, and many more.