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The Goddard School 557 Harrison Bridge Rd 15,616 SF Retail Building Simpsonville, SC 29680 $9,193,000 ($588.69/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Long-Term Lease: This brand new Absolute Net lease includes a 20-year initial term, with rent set to commence on 2/1/2026, 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 an 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 Build-to-Suit for The Goddard School features top-tier class A+ amenities for its teachers and students.
Strong Demographics: With a 3-mile population density of ±44,000 people sporting an average household income of $124,169, 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.
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 an 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 Build-to-Suit for The Goddard School features top-tier class A+ amenities for its teachers and students.
Strong Demographics: With a 3-mile population density of ±44,000 people sporting an average household income of $124,169, 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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
15,616 SF
Year Built
2025
Price
$9,193,000
Price Per SF
$588.69
Cap Rate
7%
NOI
$643,500
Tenancy
Single
Building Height
1 Story
NEARBY MAJOR RETAILERS
CONTACTS
-
Robert Schmidt, CCIM -
Peter Couchell, CCIM -
Lawrence Myers -
NAI Earle Furman LLC
1 of 8
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The Goddard School | 557 Harrison Bridge Rd
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