36 W Ridge Pike, Royersford, PA 19468
Single-tenant Childtime property with 11 years remaining on a long-term NNN lease and 9% rent increases every 5 years.
Property Features for 36 W Ridge Pike
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The Childtime lease is backed by a corporate guaranty from The Learning Care Group, Inc. The Learning Care Group is described as holding a B- credit rating from Standard & Poor’s. The company’s umbrella is described as including 11 brands and operating more than 1,150 schools.
Located at 36 W Ridge Pike in Royersford, Pennsylvania, the property sits along Ridge Pike with 18,400 VPD for visibility within a dominant retail corridor. It is less than three miles from Ursinus College, a private liberal arts institution described as serving more than 1,500 students, faculty, and staff. Within the immediate 1-mile radius, population grew 24.03% and households rose 26.54% since 2020, with projected growth through 2030 of 9.11% population and 9.84% households.
Key Highlights
- 9511 SF day care property leased to Childtime Learning Centers under a long‑term fee simple NNN lease
- 11 years remaining term plus 9% rental increases every 5 years
- Corporate guaranty from The Learning Care Group, Inc. with a B- credit rating from Standard & Poor’s
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Trade Area within ½ mile
Demographics for 19468, PA