The Goddard School

6500 East River Park Drive, Sugar Land, TX 77479
$5,471,578

Cap Rate
6.65%
Gross SQFT
10,396
Year Built
2018
Term Remaining
±20 YRS
NOI
$363,860
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • NEW 20-YEAR ABSOLUTE NNN LEASE – The property is secured by a longterm, 20-year lease with zero landlord responsibilities, providing investors with a secure, passive income stream.
  • PRIME LOCATION – Located adjacent to the Riverpark Shopping Center, a major retail hub in Sugar Land, this property benefits from proximity to wellknown national retailers, including H-E-B, LA Fitness, Walgreens, and Chickfil-A. Additionally, the property is directly adjacent to I-69, a major highway seeing over 110,000 vehicles per day, ensuring high visibility and traffic.
    • The area has an average household income of over $150,000 within a 1-mile radius, ensuring strong demand for premium childcare services.
    • Sugar Land is one of the most sought-after suburbs of Houston, known for its family-friendly environment, excellent schools, and thriving economy. The area has seen a significant influx of families and young professionals in recent years and is projected to grow at a rate of 4% annually over the next 5 years.
  • GODDARD SCHOOL BRAND – The Goddard School is one of the leading childcare providers in the U.S., known for its strong commitment to educational excellence and child development. With 600+ locations nationwide, the brand is widely recognized and trusted by families across the country.
    • Franchise Times ranked Goddard as the highest-ranking childhood
    provider in 2024 at #63.
    • Entrepreneur Magazine ranked it #55 in 2025.
  • PROXIMITY TO DOWNTOWN HOUSTON – The property is located about 20 miles southwest of Downtown Houston, one of the largest employment hubs in the region, offering thousands of jobs in various industries. In addition, Sugar Land itself is a growing center for major employers such as Schlumberger, Fluor Corporation, Methodist Sugar Land Hospital, and Texas Instruments, which attract a substantial number of working families.
  • SCHEDULED 10% RENT INCREASES EVERY 5 YEARS – The lease is structured with 10% rent increases every 5 years, ensuring predictable and growing cash flow over the life of the lease.
  • EXPANDING CHILDCARE MARKET – The U.S. childcare industry is valued at over $57 billion, with more than 18 million children in daycare every week. This market is forecast to grow to $62.1 billion in the next 5 years, fueled by increasing demand for high-quality early education.
  • E-COMMERCE RESISTANT TENANT – As a brick-and-mortar retailer, The Learning Experience, and the childcare industry as a whole, provides a critical offering that cannot be replaced or disrupted by online competitors.

Broker of Record

  • Patrick Graham
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 8300 Douglas Ave.,
    Ste. 750, Dallas, TX 75225
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