Midlothian, VA - Childtime Learning Centers

Description:

• The tenant currently has 5 years remaining on their initial lease with 2 (5-year) options to extend, demonstrating their commitment to the site
• The lease features a 8.125% increase in April of 2026 and roughly 8% rental increases at the beginning of each option
• Learning Care Group is the second largest network of early childhood centers in the U.S., proud to support growing children, working families, and passionate educators across 40 states and in Washington, D.C.

• The asset is in close proximity to Chesterfield Towne Center, a 200,000+ square foot Macy’s anchored shopping mall with many other national/credit tenants, including a JCPenny, Barnes & Noble, Finish Line, TJ Maxx, Specer’s, and more
• The asset is adjacent to a 125,000+ square foot Wegmans anchored center, with other national/credit tenants including a Petco, Blaze Pizza, Party City, Panda Express, and more
• Other nearby national/credit tenants include Lowe’s, Dick’s, Costco, Home Depot, Target, and many more
• In addition, Childtime Day Care is also within walking distance from a 70,000+ square foot Sam’s Club, and a 85,000+ square foot Walmart Supercenter
• The subject property is in close proximity to Johnston-Willis Hospital (292 beds), further increasing consumer traffic to the area

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Listing ID: a28TP0000020IGjYAM