Sold Subscription Required
| Price $4,303,448 | Built/Renov 2012 | Tenant The Learning Experience |
| Cap Rate 7.25% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
11,100
| Lease Start
12-31-2010
| #Units
1
|
| Price/SF $387.70 | Expiration
09-30-2039
| Tenant Type Daycare/Education |
| NOI $312,000 | R. Term 14.11 | Ownership Fee Simple |
| Rent/SF
$28.11
| Increases 2.0%/1/yrs | Pop 5Mi 118,988 |
| Lot/AC 1.96 | Options 4/5yrs/2% | AHHI 5Mi $153,928 |
| | |
The Learning Experience is strategically located at the hard corner intersection of Corporate Chaplain Drive and Siena Drive, with access to a combined daily traffic count of 32,740 vehicles. The property is ideally positioned between several large suburban neighborhoods and surrounded by prominent national tenants such as Super Target, Walmart, Home Depot, Lowe's, Freddy's, Chipotle,...
...Hard corner intersection
In location for years
Strategically located
Highway close
Top 100 MSA
Strong demographics
Long 15+ yr lease
Favorable NN+ lease
Annual rent increases
Personal guarantee
The Learning Experience is an early childcare chain that develops and implements ground-breaking care and early childhood education programs throughout the country. TLE is one of America’s...
Greenwood, IN
Cap Rate 6.80%
Lease NN+
R. Term 19.30 yrs
Size/SF 10,000
Norristown, PA
Cap Rate 6.78%
Lease NN+
R. Term 5.10 yrs
Size/SF 15,530
Berlin, MA
Cap Rate 7.42%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 12,766
South Brunswick Township, NJ
Cap Rate 6.49%
Lease NN+
R. Term 11.60 yrs
Size/SF 10,600
Meridianville, AL
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.11 yrs
Size/SF 9,952
West Chester, PA
Cap Rate 6.75%
Lease NN+
R. Term 10.70 yrs
Size/SF 11,191
Trussville, AL
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 9,951
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
