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| Price $6,444,500 | Built/Renov 2023 | Tenant The Learning Experience |
| Cap Rate 6.75% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
10-25-2023
| #Units
340
|
| Price/SF $644.45 | Expiration
10-31-2043
| Tenant Type Daycare/Education |
| NOI $435,000 | R. Term 18.10 | Ownership Fee Simple |
| Rent/SF
$43.50
| Increases 10.0%/5/yrs | Pop 5Mi 58,328 |
| Lot/AC 1.53 | Options 2/5yrs/10% | AHHI 5Mi $117,037 |
| | |
The Learning Experience is strategically located on Kroger Drive, boasting close proximity to U.S. Highway 80. The property occupies an ideal position in the heart of the primary retail corridor, surrounded by well-known national tenants such as Kroger, Kohl’s, Walmart, Lowe’s, Aldi, Chick-Fil-A, and more. Adjacent to the site are several retail and housing developments, including Victory at...
...New construction
Build to suit
Dense retail corridor
Strategically located
Top 100 MSA
Income tax free state
Long 15+ yr lease
Favorable NN+ lease
Corporate Guarantee
Over 100 Units backed
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 15,953 | 86,278 | 135,789 |
| 2023 Total Population : | 10,775 | 49,219 | 85,120 |
| 2023 Employed Civilian Pop : | 4,960 | 23,028 | 39,666 |
| 2023 Total Businesses : | 379 | 919 | 1,216 |
| 2023 Average Household Income : | $ 104,040 | $ 112,558 | $ 111,100 |
| 2023 Total Consumer Spending : | $ 340 M | $ 1520 M | $ 2557 M |
| 2023 Median Age : | 32 | 33 | 34 |
| 2023 Total Households : | 3,794 | 15,791 | 26,881 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,783 | 8,078 | 13,134 |
| 2023 Average Home Value : | $ 290,285 | $ 304,613 | $ 307,917 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North FM 548 | Lonesome Dove Ln | 2022 | 22,801 | 0.25 mi |
| Mustang Blvd | Mustang Ct | 2009 | 1,200 | 0.45 mi |
| US Hwy 80 | 2021 | 10,685 | 0.55 mi | |
| US Hwy 80 | 2022 | 12,123 | 0.55 mi | |
| US 80 | US Hwy 80 | 2021 | 43,731 | 0.57 mi |
| US 80 | US Hwy 80 | 2022 | 52,117 | 0.57 mi |
| FM 548 | 2021 | 8,821 | 0.60 mi | |
| FM 548 | 2022 | 3,566 | 0.60 mi | |
| Wrangler Ave | 2021 | 6,152 | 0.63 mi | |
| Meadow Ln | 2022 | 5,381 | 0.63 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
