Matthews Logo

Navigation Menu

6 Willowbrook Rd, Queensbury, NY, 12804

Childtime

$1,373,256

Key Information

Cap Rate
8.14%
$ per SF
$153
Tot. SF
8,945
Year Built
2001
Term Remaining
±8.3 Yrs
Type
Retail
NOI
$111,783

Highlights

  • Corporate Guarantee from Learning Care Group
    • The property is leased to the nation’s second-largest for-profit early education provider, operating over ±1,070 schools under eleven brands. The company is recognized as a U.S. Best Managed Company by Deloitte Private and The Wall Street Journal.

  • Annual Rental Increases
    • The lease features 1.75% annual rent increases throughout the remaining ±8.00 years of the initial 15-year term, plus two, 5-year renewal options.

  • Essential Service – Recession-Resilient Tenant
    • Queensbury experiences high-demand for childcare services due to a shortage of quality options. Many households are dual-income families and need full-time childcare.
    • The childcare sector is a needs-based, non-discretionary service with strong long-term demand, including during economic downturns. Post-pandemic enrollment trends remain robust in suburban markets, driven by limited supply of high-quality early education options.

  • Affluent Trade Area / Demographics
    • The surrounding ±5-mile radius boasts an average household income of approximately $103,900. 
    • The property is situated just 3 miles north of Glens Falls, NY, where the median age is ±37 years old.
    • High-income, suburban demographics are indicative of a stable, family-oriented demographic base supportive of sustained childcare demand.

  • Nearby Feeder Elementary Schools
    • The site benefits from proximity to more than ±15 feeder elementary schools within a ±5-mile radius. In total, Warren County hosts ±16 public elementary schools, ±9 middle schools, and ±11 high schools, reinforcing long-term demand drivers for early childhood education services in the area.

  • Close Proximity to Family and Tourist Attractions
    • Six Flags Great Escape, one of the region’s biggest attractions, is located less than 5-miles from the property.  This attraction draws in over a million guests annually.
    • Lake George sits just 10-miles north of Queensbury and is the primary tourism engine bringing millions of visitors annually.

Photos

Location

Agents

Broker of Record

Cory Rosenthal

License # 10991237833 (NY)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203