The Learning Experience

4200 Cooper Road, Cincinnati, OH 45242

$6,925,000

Cap Rate 6.35%

Views: 145 DOM: 81 Updated: 10.21.24 Posted: 10.01.24 Status: Active

Summary

Price $6,925,000	Built/Renov 2024	Tenant The Learning Experience
Cap Rate 6.35%	Lease Type NN+	Guarantor Corporate
Size/SF 9,685	Lease Start 07-15-2024	#Units 500
Price/SF $715.02	Expiration 07-31-2039	Tenant Type Daycare/Education
NOI $440,000	R. Term 14.7	Ownership Fee Simple
Rent/SF $45.43	Increases 12.0%/5/yrs	Pop 5Mi 160,378
Lot/AC 2.09	Options 2/5yrs/12%	AHHI 5Mi $125,502

Lease Highlights

Brand new 2024 construction | Opening scheduled Q4
New 15-year lease with 2 (5-year) options to extend
The lease features 12% rental increases every 5 years
Favorable NN+ lease with landlord responsible for roof & structure | Includes 15-yr transferable roof warranty
Corporate guaranteed lease

Location Description

The Learning Experience is strategically located at the signalized, hard corner intersection of Cooper Road and Reed Hartman Highway, with access to a combined daily traffic count of 26,300 vehicles. The property is surrounded by several schools, including the University of Cincinnati—Blue Ash College, Sycamore Junior High School, EH Green Middle School, Ursuline Academy, among others. Nearby...

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Key Features

New construction
Signalized intersection
Roof guarantee
Freeway close
Highway location
Strong demographics
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee

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Links

The Learning Experience Wikipedia Cincinnati, Ohio Zip Code 45242 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: The Learning Experience
Guarantor:Corporate
Company:Golden Gate Capital
# Units:500
Stock:Private

About Tenant

The Learning Experience is an early childcare chain that develops and implements ground-breaking care and early childhood education programs nationwide. TLE is one of America’s fastest-growing...

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Listing Broker

Eric Carlton

Colliers NNN Group

Contact

180 Listings
25329 Views
63 Sold

Jereme Snyder

Colliers NNN Group

Contact

168 Listings
23554 Views
59 Sold

Eric Carlton

Eric Carlton serves as Executive Vice President within the Retail Capital Markets Group of Greater Los Angeles, Partner of the Colliers NNN Group, and Co-Founder of the Snyder/Carlton Team for Colliers International nationwide. The Colliers Retail Services Group is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting i

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Jereme Snyder

Jereme S. Snyder is a Executive Vice President within the Retail Services Group in Greater Los Angeles and a Director of Colliers NNN Group for Colliers International nationwide. The Colliers Retail Services Team is an integrated team of professionals with specialties in representing landlords and tenants with leasing needs, managing the acquisitions and dispositions of retail properties, enhancing values through asset management and assisting in debt solutions. Colliers NNN Group is a national

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