50 Van Wyck LnWappingers Falls, NY 12590

This exceptional investment opportunity presents a fee-simple ownership of a 10,000-square-foot daycare center in Wappingers Falls, NY, operating under a 15-year net lease with The Goddard School, a nationally recognized franchise. The lease commenced November 12, 2023, and features a remaining term of 13.6 years, with annual rent increases of 3%. Two five-year renewal options are included. The property, built in 2011 and situated on a 2-acre lot at 50 Van Wyck Ln, boasts a 100% occupancy rate and a strong net operating income (NOI) of $342,183, resulting in a 7.75% cap rate. Landlord responsibilities are limited to HVAC replacement and roof/structure maintenance. The tenant, a local multi-unit operator, acquired the location at the end of 2023, ensuring continued operational success. The Goddard School brand's established presence (600+ locations across 38 states) and strong market position (ranked #68 in the 2024 Entrepreneur Franchise 500) contribute to the investment's stability and potential for long-term growth. The robust demand for childcare services, coupled with the property's prime location in a high-growth area of New York State, further enhances its appeal. This is a rare opportunity to acquire a high-performing, net-leased daycare center with significant remaining lease term and built-in rent growth. The property's strong financial performance and the tenant's proven track record make this an attractive investment for discerning buyers.