Marcus & Millichap Inc.
07/09/2026 | Press release | Archived content
Marcus & Millichap Arranges Sale and Financing of Two Net-Leased Childcare Facilities in Georgia and South Dakota
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Marcus & Millichap Arranges Sale and Financing of Two Net-Leased Childcare Facilities in Georgia and South Dakota
July 09, 2026
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SIOUX FALLS, S.D., and WOODSTOCK, Ga., July 9, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two net-leased childcare properties located in Sioux Falls, South Dakota, and Woodstock, Georgia, for a combined sale price of $7,924,000. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, arranged $4,600,000 in acquisition financing.
"The sale demonstrates the depth of investor demand for high-quality net-leased properties occupied by established childcare operators," said Dominic Sulo, senior managing director investments. "Both assets' strong tenancy, lease structures and locations were key drivers of buyer interest."
Sulo, investment specialist in Marcus & Millichap's Chicago Oak Brook office, in association with Jon Ruzicka, Marcus & Millichap's South Dakota broker of record, and John Leonard, Marcus & Millichap's Georgia broker of record, marketed the properties on behalf of the seller, a repeat Michigan-based developer, and procured the Minnesota-based buyer completing a 1031 exchange. Dean Giannakopoulos, senior managing director, also based in the firm's Chicago Oak Brook office, secured the financing on behalf of the buyer.
The South Dakota property sits on 1.04 acres at 5111 E. Rosa Parks Place. Built in 2020, the 8,555-square-foot childcare facility is occupied by O2B Kids!, one of the nation's top 15 childcare operators with more than 75 locations. The asset is secured by a corporate guaranty and operates under a triple-net lease.
The Georgia property is located at 12055 Ga. 92 in Woodstock, within the Atlanta metropolitan statistical area. It is occupied by Big Blue Marble Academy with a brand-new 20-year lease. Built in 1997, the property spans 9,864 square feet on 1.39 acres. The facility sold for $4.1 million.
"The sale demonstrates the depth of investor demand for high-quality net-leased properties occupied by established childcare operators," said Dominic Sulo, senior managing director investments. "Both assets' strong tenancy, lease structures and locations were key drivers of buyer interest."
Sulo, investment specialist in Marcus & Millichap's Chicago Oak Brook office, in association with Jon Ruzicka, Marcus & Millichap's South Dakota broker of record, and John Leonard, Marcus & Millichap's Georgia broker of record, marketed the properties on behalf of the seller, a repeat Michigan-based developer, and procured the Minnesota-based buyer completing a 1031 exchange. Dean Giannakopoulos, senior managing director, also based in the firm's Chicago Oak Brook office, secured the financing on behalf of the buyer.
The South Dakota property sits on 1.04 acres at 5111 E. Rosa Parks Place. Built in 2020, the 8,555-square-foot childcare facility is occupied by O2B Kids!, one of the nation's top 15 childcare operators with more than 75 locations. The asset is secured by a corporate guaranty and operates under a triple-net lease.
The Georgia property is located at 12055 Ga. 92 in Woodstock, within the Atlanta metropolitan statistical area. It is occupied by Big Blue Marble Academy with a brand-new 20-year lease. Built in 1997, the property spans 9,864 square feet on 1.39 acres. The facility sold for $4.1 million.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on July 09, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on July 16, 2026 at 19:18 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]