Apple Montessori School - Princeton, NJ

JLL is pleased to exclusively offer for sale Apple Montessori School Sale-Leaseback opportunity, located in Princeton, NJ, which comprises a recently renovated in 2024, purpose-built facility totaling 7,200 SF (the “Property”). Situated in a highly affluent, family-oriented region with proximity, the Property is 100% occupied by Apple Montessori Schools (“Apple” or “Tenant”), New Jersey’s largest and longest-operating Montessori school network, with 50+ years of experience and corporately-backed sites. Founded in 1972, Apple operates 20+ locations statewide.

Located in the affluent Princeton market, the Property benefits from proximity to Route 206 and downtown Lawrenceville, serving a high-income community (average household income of $361K+) with exceptional demographic fundamentals. The custom-built school sits on a 2.67-acre campus featuring a spacious outdoor playground, securely fenced grounds, and a newly constructed swimming pool.

The Tenant will commit to a 15-year initial lease term with an absolute triple-net lease structure and rent escalations of the lesser of CPI or 2.0% annually, creating an attractive passive income opportunity for single-tenant investors who seek growing, long-term cash flow backed by established and reputable tenancy. The Tenant will also commit to a corporate guaranty backstopping the lease.

NJ Broker of Record: Jose Cruz, License #: NJ-8743725