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| Price $4,786,000 | Built/Renov 2022 | Tenant The Learning Experience |
| Cap Rate 7.00% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
08-04-2022
| #Units
500
|
| Price/SF $478.60 | Expiration
10-31-2037
| Tenant Type Daycare/Education |
| NOI $335,000 | R. Term 12.10 | Ownership Fee Simple |
| Rent/SF
$33.50
| Increases 10.0%/5/yrs | Pop 5Mi 68,012 |
| Lot/AC 1.19 | Options 2/5yrs/10% | AHHI 5Mi $97,255 |
| | |
The Learning Experience is strategically located off South Point Road with access to 16,800 vehicles passing daily. The site is within close proximity to multiple schools providing a direct consumer base to draw from. Neighboring national/credit tenants in the area include Domino’s, Harris Teeter and Chick-fil-A. The 5-mile trade area is supported by 73,532 residents earning an average annual...
...New construction
Build to suit
Near major nationals
Strategically located
Top 100 MSA
Affluent suburb location
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Over 500 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 | |
| 2029 Total Population : | 5,249 | 35,033 | 77,593 |
| 2024 Total Population : | 4,991 | 31,682 | 72,506 |
| 2024 Employed Civilian Pop : | 2,636 | 17,225 | 38,813 |
| 2024 Total Businesses : | 77 | 983 | 2,048 |
| 2024 Average Household Income : | $ 143,250 | $ 129,962 | $ 118,243 |
| 2024 Total Consumer Spending : | $ 241 M | $ 1465 M | $ 3024 M |
| 2024 Median Age : | 41 | 42 | 40 |
| 2024 Total Households : | 1,950 | 12,967 | 29,218 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,316 | 7,198 | 13,900 |
| 2024 Average Home Value : | $ 404,657 | $ 461,418 | $ 410,821 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Nixon Road | R L Stowe Rd | 2022 | 3,559 | 0.17 mi |
| South Point Road | Stowe Rd | 2022 | 17,195 | 0.17 mi |
| NC 273 | Red Raider Run | 2022 | 10,751 | 0.23 mi |
| South Point Road | Mimosa St | 2018 | 10,500 | 0.23 mi |
| R L Stowe Rd | 2534 | 2018 | 10,000 | 0.26 mi |
| Southpoint Rd | Mimosa St | 2016 | 9,500 | 0.26 mi |
| South Point Road | Bowen Holcomb Ln | 2022 | 13,097 | 0.50 mi |
| Southpoint Rd | Bowen Holcomb Ln | 2016 | 12,000 | 0.62 mi |
| South Central Avenue | North St | 2022 | 9,948 | 0.78 mi |
| Keener Boulevard | Beechnut St | 2022 | 5,655 | 0.91 mi |
Orange Park, FL
Cap Rate 6.30%
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Size/SF 12,989
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Lake Mary, FL
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Conway, AR
Cap Rate 6.75%
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Charlotte, NC
Cap Rate 6.65%
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Size/SF 11,800
Sewell, NJ
Cap Rate 6.50%
Lease NN+
R. Term 11.00 yrs
Size/SF 29,353
Shorewood, IL
Cap Rate 7.00%
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Houston, TX
Cap Rate 6.50%
Lease NN+
R. Term 12.40 yrs
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Menomonee Falls, WI
Cap Rate 7.00%
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R. Term 19.20 yrs
Size/SF 11,237
Trussville, AL
Cap Rate 7.00%
Lease Abs NNN
R. Term 14.11 yrs
Size/SF 9,951
Edmond, OK
Cap Rate 7.26%
Lease Double NN
R. Term 14.30 yrs
Size/SF 10,000
Fishers, IN
Cap Rate 7.25%
Lease NN+
R. Term 18.20 yrs
Size/SF 10,000
Centennial, CO
Cap Rate 6.12%
Lease Abs NNN
R. Term 13.90 yrs
Size/SF 10,400
Hawthorn Woods, IL
Cap Rate 7.30%
Lease Abs NNN
R. Term 10.11 yrs
Size/SF 10,503
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
