Lightbridge Academy
Single-Tenant Offerings
Lightbridge Academy
3980 Ranchero Dr.
Ann Arbor, MI
- Price:
- $6,965,000
- Cap Rate:
- 7.75%
- NOI:
- $540,000
- Rentable SQFT:
- 14,925 SF
- Year Built:
- 1995/2026
- Lot Size:
- 2.35 +/- Acres
- Lease Type:
- Absolute NNN
- Status:
- Available
Investment Highlights
- New 15-Year Absolute NNN Lease with No Landlord Responsibilities
- Rare 2.5% Annual Rental Increases Throughout the Base Term and Options
- Corporate Guaranty from New Jule Holdings (200+ Locations) for 5 Years and Full-Term Personal Guaranty
- Ranked #129 on Entrepreneur’s Franchise 500 and #248 on Franchise Times’ Top 400
- Average Gross Revenue for Lightbridge Academy After 24 Months is $3+ Million
- Child Care Industry is Booming and on Track to Grow Approximately 49% by 2030
- Michigan's Tri-Share Program Splits the Cost of Child Care Between the Employer, Employee, and the State
- Serving 160,000+ Residents in One of the Fastest Growing Areas in Michigan
- Average Household Incomes Exceed $157,000 in 1 Mile and $130,000 in 3 Miles
- Adjacent to Class-A Business Parks Totaling 913,000+ SF, Immediate Access to Target Customers
- Down the Street from One of the Highest-Performing Costco’s in Michigan (Ranked #3 out 17 per Placer.Ai)
- 1.5 Miles to Arbor South, a $600+ Million Class-A Mixed-Use Development with 1,000 Residences, Retail, Office, Entertainment, and Hotel Uses
- 1.5 Miles to Briarwood Mall, Undergoing $100+ Million Redevelopment Adding a 370-Unit Luxury Apartment Complex, a New Harvest Market Gourmet Grocer, Dick’s, and L.L. Bean
- Minutes to Downtown Ann Arbor and the University of Michigan with 53,400+ Students and 33,200+ Employees
- Limited Educational Child Care Competition Nearby, Beneficial Proximity to Several Elementary Schools
- Vibrant Commercial Hub, Over 85,000 Employees in Primary Trade Area
- Just Off I-94 with 85,000 Cars/Day, Easy Access to Surrounding Communities
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