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Property profile & analytics
OFF-MARKET Estimated value $515,000
Day care centers

1100 35th St Marion, IA 52302-1710

9,381 SF 1.32 ac lot Built 1988
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US25-2520109
Property summary
AI-generated overview

Exceptional investment opportunity: a brand-new, 9,381-square-foot, single-story Montessori school in Marion, Iowa. This property boasts a 20-year triple-net (NNN) lease with a strong corporate guarantee from Higher Ground Education (HGE), a financially sound operator with a highly experienced executive team. The tenant, Guidepost Montessori, is the largest Montessori school operator in the U.S., currently operating over 100 locations nationwide. This location features 100% occupancy and a robust 7.15% capitalization rate, generating a net operating income (NOI) of $230,207. The lease includes a 2% annual rental increase, ensuring consistent income growth. The asking price is $3,281,120, translating to $349.76 per square foot and representing a compelling price-per-unit given the long-term lease and strong tenant. Situated on a 1.32-acre lot at 1100 35th St, Marion, IA 52302, this property offers a secure and high-yield investment opportunity in a thriving market. Guidepost's enrollment has more than doubled since the COVID-19 pandemic, demonstrating significant market demand and the school's resilience. This is a rare chance to acquire a stable, high-performing asset with substantial long-term growth potential.

Property profile
Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1988
Total area 9,381 SF
Lot 1.32 ac (57,499 SF)
APN 10-32-3-79-004-0-0000
UPID US25-2520109
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$515k
CAP Approach CAP
by Request
Comparable Approach Comparable
$512k
Blend (final) Blend
$515k
Owner & transaction history
Jk Childcare LLC · 1 yrs held
Jk Childcare LLC
since 2025
7 recorded transactions
2025
Price N/A
2024
$3.2M
2023
$700,000
2018
Price N/A
2008
$1.1M
2008
$500
2008
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $840,000 +86.5%
Commercial (general) $745,000 +65.5%
Retail stores $670,000 +48.3%
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