| Price $4,428,571 | Built/Renov 2022 | Tenant The Learning Experience |
| Cap Rate 7.00% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
05-01-2023
| #Units
6
|
| Price/SF $442.86 | Expiration
04-30-2038
| Tenant Type Daycare/Education |
| NOI $310,000 | R. Term 13.11 | Ownership Fee Simple |
| Rent/SF
$31.00
| Increases 8.0%/4/yrs | Pop 5Mi 111,462 |
| Lot/AC 3.54 | Options 2/5yrs/8% | AHHI 5Mi $116,546 |
| | |
The Learning Experience is strategically located on E Beltline Avenue NE, with access to 31,333 vehicles passing by daily. Positioned nearby are several residential communities, such as Meadowood Townhouses, Evergreen Townhouses, and The Grove Apartment Community. Additionally, Kuyper College, accommodating 120 units, is conveniently located nearby. The 5-mile trade area is supported by a...
...New construction
Hard corner intersection
Build to suit
Strategically located
Hospital close
Top 100 MSA
Strong demographics
Long 10+ yr lease
Favorable NN+ lease
Corporate 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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,035 | 38,939 | 113,012 |
| 2023 Total Population : | 2,954 | 38,344 | 111,465 |
| 2023 Employed Civilian Pop : | 1,714 | 21,292 | 58,794 |
| 2023 Total Businesses : | 95 | 1,443 | 3,652 |
| 2023 Average Household Income : | $ 147,496 | $ 114,721 | $ 106,200 |
| 2023 Total Consumer Spending : | $ 129 M | $ 1589 M | $ 4141 M |
| 2023 Median Age : | 38 | 42 | 39 |
| 2023 Total Households : | 1,027 | 16,122 | 45,100 |
| 2023 Pop Age 25+: Bachelor's Degree : | 808 | 9,283 | 23,612 |
| 2023 Average Home Value : | $ 406,848 | $ 342,725 | $ 320,652 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| M-44 | E Beltline Ave NE | 2021 | 1,896 | 0.27 mi |
| M-44 | E Beltline Ave NE | 2021 | 3,529 | 0.29 mi |
| 4 Mile Road Northeast | E Beltline Ave N | 2022 | 3,533 | 0.29 mi |
| 4 Mile Rd NE | Summit View Dr NE | 2008 | 3,627 | 0.46 mi |
| Hoag Avenue Northeast | 3 Mile Rd NE | 2022 | 434 | 0.48 mi |
| Hoag Ave NE | 4 Mile Rd NE | 2012 | 479 | 0.49 mi |
| E Beltline Ave NE | Evergreen Dr NE | 2015 | 28,600 | 0.52 mi |
| M 44 | E Beltline Ave N | 2021 | 30,870 | 0.67 mi |
| 3 Mile | 3 Mile Rd NE | 2021 | 1,239 | 0.74 mi |
| Bird Avenue Northeast | 4 Mile Rd NE | 2022 | 1,227 | 0.74 mi |
Apopka, FL
Cap Rate 6.80%
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Size/SF 10,000
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Hawthorn Woods, IL
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Jacksonville, FL
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South Brunswick Township, NJ
Cap Rate 6.49%
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Greenwood, IN
Cap Rate 6.80%
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Norristown, PA
Cap Rate 6.78%
Lease NN+
R. Term 6.20 yrs
Size/SF 15,530
Trussville, AL
Cap Rate 7.00%
Lease Abs NNN
R. Term 15.00 yrs
Size/SF 9,951
Houston, TX
Cap Rate 6.50%
Lease NN+
R. Term 12.40 yrs
Size/SF 10,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
