1111 Key Hwy, Baltimore, MD 21230-5637

Exceptional investment opportunity: a brand-new, Class A, 14,958 square foot Goddard School in Baltimore, MD. This stabilized, single-tenant property boasts a 16-year remaining lease (with options) to a strong franchisee, commanding 100% occupancy since December 1, 2023. The property features a 6.31% cap rate and a substantial net operating income (NOI) of $536,753. Built in 2023 on a 0.65-acre lot, the two-story building includes 14 classrooms, indoor/outdoor recreation areas, and ample parking. Situated in a densely populated, high-income submarket, this daycare benefits from excellent accessibility via I-95 and Key Highway. Lease terms include annual rent increases (3% in years 2 & 3, then 2% annually), providing a hedge against inflation and significant rent appreciation potential. The property's thoughtful design incorporates green roofs, ramp accessibility, and modern HVAC systems, minimizing future capital expenditures. The location's land constraints and water views contribute to substantial residual value. This is a rare opportunity to acquire a high-performing asset in a desirable market.