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| Price $5,571,000 | Built/Renov 2024 | Tenant The Learning Experience |
| Cap Rate 7.00% | Lease Type
Double NN | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
03-01-2024
| #Units
340
|
| Price/SF $557.10 | Expiration
02-28-2039
| Tenant Type Daycare/Education |
| NOI $390,000 | R. Term 14.3 | Ownership Fee Simple |
| Rent/SF
$39.00
| Increases 10.0%/5/yrs | Pop 5Mi 194,000 |
| Lot/AC 1.40 | Options 2/5yrs/10% | AHHI 5Mi $140,771 |
| | |
The Learning Experience is strategically located on State Hwy 78, with access to 35,000 vehicles passing by daily. The property is adjacent to future developments and in immediate proximity to well-known national retailers including Walmart, Starbucks, Jake's Hamburgers, Jersey Mike's, 7-Eleven, Sherman Williams, and more. The 5-mile trade area is supported by a population of 194,000 residents...
...New construction
Build to suit
Dense retail corridor
Highway location
Top 100 MSA
Affluent AHHI $100K 5 Mi
New development zone
Income tax free state
Brand new lease
Long 10+ yr lease
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 : | 12,174 | 92,456 | 203,578 |
| 2024 Total Population : | 11,629 | 87,440 | 194,739 |
| 2024 Employed Civilian Pop : | 5,992 | 47,493 | 105,546 |
| 2024 Total Businesses : | 232 | 2,055 | 3,939 |
| 2024 Average Household Income : | $ 168,906 | $ 155,931 | $ 158,378 |
| 2024 Total Consumer Spending : | $ 581 M | $ 3776 M | $ 8631 M |
| 2024 Median Age : | 37 | 37 | 38 |
| 2024 Total Households : | 3,987 | 27,994 | 63,079 |
| 2024 Pop Age 25+: Bachelor's Degree : | 3,105 | 17,233 | 39,820 |
| 2024 Average Home Value : | $ 481,760 | $ 456,117 | $ 478,767 |
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Cap Rate 6.75%
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Menomonee Falls, WI
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
