Property summary
This exceptional investment opportunity presents a brand-new, 10,000-square-foot Guidepost Montessori school in Clarksville, Tennessee. Located at 101 Ringgold Rd, 37042, this freestanding daycare sits on a 0.84-acre lot and boasts a 20-year corporate net lease (NNN) with a robust 7.30% cap rate and a $400,000 annual net operating income (NOI). The lease includes annual rent bumps of 2%, ensuring consistent income growth. The property underwent extensive renovations in 2024, including a new roof, HVAC system, and interior remodel. The lease is further secured by Higher Ground Education (HGE), a financially strong corporate operator with an experienced executive team. Guidepost Montessori, the world's largest Montessori school operator with over 150 locations, is the tenant. This location benefits from its proximity to Fort Campbell, a major military base, as the tenant is an approved Department of Defense childcare provider. The lease features four, 5-year renewal options, providing long-term stability and predictable returns. Clarksville, Tennessee, offers a tax-free environment and is experiencing significant population growth, making this a compelling investment in a thriving market. The asking price is $5,479,000.
Property profile
VerifiedCap rate & NOI
Current use
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High School
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Corporate Office
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
C-3 zone, the developer shall submit site plans of the proposed development to the planning commission, which shall be in adequate detail to determine compliance with the provisions of this section, and which shall show…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-3 · Clarksville, TNC-3 zone, the developer shall submit site plans of the proposed development to the planning commission, which shall be in adequate detail to determine compliance with the provisions of this section, and which shall show…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
C-3 zone, the developer shall submit site plans of the proposed development to the planning commission, which shall be in adequate detail to determine compliance with the provisions of this section, and which shall show…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-3 in Clarksville, TN.
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