
Wawa - West Palm Beach, FL
5653 N Military Trl, West Palm Beach, FL, 33407, US
₫218,166,573,000 | 524 m²
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire a ±14,330 square foot freestanding, single-tenant asset located at 10100 Arcos Avenue, Estero, FL 33928 (“Property” or “Asset”). The Property is a new construction delivered in December 2025, built-to-suit for the tenant. Speranza-Estero Investment Group LLC (“Tenant”) is the largest franchisee of The Goddard School (“Goddard”), operating more than 21 Goddard Schools across Pittsburgh, Cleveland, Philadelphia, and Florida. Goddard is operating on a 15-year lease with ±14.4 years of primary term remaining, 10.0% rent escalations every 5-years, and two, five-year renewal options, and limited landlord obligations confined to 50% of major capital replacements.
The Goddard School is the nation’s leading premium early childhood education provider, renowned for its commitment to providing a nurturing and enriching environment for children. With over 640+ locations across the country, Goddard has built a strong reputation based on its innovative curriculum, highly trained staff, and comprehensive approach to early childhood education. The Tenant has over 15+ years of franchisee experience within the Goddard System, and their schools have consistently been in the top 10% in Education, Safety, and Operations over that time frame. The school sits at 65% enrollment capacity (120 out of 184 students) within a few months from opening.
The Asset is strategically positioned within a high-growth residential corridor benefiting from exceptional demographics. The immediate 5-mile radius features an average household income exceeding $142,000 and a dense and growing population of over 3,000 children under the age of five. This ensures sustained demand for early childhood education. The area's annual spending on education is $81 million, 13% above the national average. The Goddard School's significant capital investment into its specialized build-out creates formidable exit barriers and anchors the tenant to this irreplaceable location.
This unique offering presents the opportunity to acquire long term passive income with minimal landlord obligations and capital expenditure spend in the near-term leased to a widely recognized early childhood education operator with high value intrinsic real estate.

















