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Childcare · Private equity

The Goddard School

100% franchised premium preschool brand; leases are signed by individual franchisees (usually with personal guarantees), not the franchisor. Strong affluent-suburb locations and high tuition help, but credit is local.

Company site ↗
The Goddard School storefront
Photo: Brian Gratwicke · CC BY 2.0
US units
650
2026 (approx.)
3Y net growth
+8.3%
vs. 2022 (approx.)
Credit rating
NR
No public rating
Typical term
15 yr
NNN
Model
Franchised
Private equity

Unit count

600
2022 (approx.)
650
2026 (approx.)

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The Goddard School net lease FAQ

What is The Goddard School's credit rating?

The Goddard School does not carry a public S&P issuer credit rating (NR). Landlords underwrite it on unit-level performance, the guarantor named in the lease and, for public companies, reported financials.

How many The Goddard School locations are there in the US?

The Goddard School reported about 650 US locations as of 2026 (approx.). That is +8.3% versus 600 in 2022 (approx.).

What does a typical The Goddard School net lease look like?

Lease type: NNN. Initial term: 15 yr. Rent increases: ~2% annually or 10% every 5 yr. These are market-typical terms; actual deals vary by vintage, location and whether the lease is corporate or franchisee-signed.

Is The Goddard School corporate or franchised?

Operating model: Franchised. The Goddard School is part of Wren House Infrastructure. For net lease investors this determines whether rent is backed by the corporate parent or by a franchisee.