1240 Newnan Crossing Blvd E - Specialty FOR SALE


Newnan, GA 30265
$7,660,000 USD
864-235-6855
1240 Newnan Crossing Blvd E, Newnan, GA for Sale
$7,660,000 USD
Specialty - FOR SALE
1/2
null | 7% Cap Rate

1240 Newnan Crossing Blvd E
Newnan, GA 30265


OVERVIEW

Attractive Lease Structure: Brand-new 2026 Absolute Net lease commencing ±9/1/2026 with a 20-year initial term, three (3) additional 5-year renewal options, and 10% rent increases every five years, providing investors with long-term income stability, steady NOI growth, and minimal landlord responsibilities. Leading Early Childhood Education Provider: The Goddard School is nationally recognized as the premier provider of early childhood education. In 2023, it was also distinguished as a top Recession-Proof Franchise, highlighting its stability and reliability in challenging economic times. State-of-the-Art Construction: 2026 construction featuring state-of-the-art classrooms, modern amenities, and top-tier finishes designed to support a premier early childhood education environment. Affluent Demographics: A 5-mile population density of ±78,000 people and an average household income of $108,093 supports strong demand for quality childcare services. Growing Childcare Demand: The childcare industry continues to experience strong long-term growth, driven by rising workforce participation, dual-income households, and increased demand for early childhood education. The Southeast is the nation's fastest-growing childcare region. Proximity to Expanding Healthcare Anchor: The school sits just minutes from Piedmont Newnan Hospital, which recently completed a $65 million, 80,000-square-foot South Tower expansion in May 2024, growing the campus to approximately 442,000 square feet and reinforcing its role as a major regional employer, all of which drives a built-in, recession-resistant enrollment pipeline of healthcare professionals seeking dependable early childhood care near their workplace. Developing Market: Newnan has gained recognition as a prime destination and growing city, attracting major employers like Cargill, Yamaha Motor Manufacturing Corporation of America, Bonnell Aluminum, and the recent opening of Hitachi Construction Machinery Americas regional headquarters in 2024.

FOR SALE DETAILS

PRICE

$7,660,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Goddard School

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

086-5044-004

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.