| Price $4,300,000 | Built/Renov 1974/2015 | Tenant The Learning Experience |
| Cap Rate 6.78% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
15,530
| Lease Start
08-31-2015
| #Units
1
|
| Price/SF $276.88 | Expiration
08-01-2030
| Tenant Type Daycare/Education |
| NOI $291,600 | R. Term 6.2 | Ownership Fee Simple |
| Rent/SF
$18.78
| Increases 8.0%/1/yrs | Pop 5Mi 169,126 |
| Lot/AC 1.59 | Options 2/5yrs/8% | AHHI 5Mi $111,692 |
| | |
The Learning Experience is strategically positioned on S Trooper Road, benefiting from its proximity to various well-known national tenants such as Walmart, Giant, Chick Fil A, Applebee's, Marshalls, and more. The 5-mile trade area is supported by a population of 169,126 with an average household income of $111,692. Norristown, a municipality with home rule status and the county seat of...
...Near major nationals
Strategically located
Strong tenant synergy
Dense 100M+ pop 5 mi
Top 100 MSA
Strong demographics
Affluent AHHI $100K 5 Mi
Favorable NN+ lease
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 5,967 | 66,921 | 171,224 |
| 2023 Total Population : | 5,887 | 66,047 | 168,472 |
| 2023 Employed Civilian Pop : | 3,153 | 35,377 | 91,011 |
| 2023 Total Businesses : | 427 | 3,245 | 7,808 |
| 2023 Average Household Income : | $ 130,152 | $ 133,149 | $ 143,752 |
| 2023 Total Consumer Spending : | $ 360 M | $ 3149 M | $ 8149 M |
| 2023 Median Age : | 50 | 42 | 41 |
| 2023 Total Households : | 3,228 | 27,873 | 66,919 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,676 | 16,415 | 37,786 |
| 2023 Average Home Value : | $ 365,906 | $ 416,777 | $ 463,468 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| South Trooper Road | Stinson Ln | 2022 | 13,534 | 0.05 mi |
| S Trooper Rd | Norris Hall Ln | 2017 | 25,766 | 0.11 mi |
| S Trooper Rd | N Parkview Dr | 2017 | 25,766 | 0.35 mi |
| Egypt Rd | Shannondell Blvd | 2017 | 19,287 | 0.50 mi |
| S Trooper Rd | Egypt Rd | 2017 | 25,766 | 0.53 mi |
| Egypt Road | Rittenhouse Rd | 2020 | 13,966 | 0.57 mi |
| Egypt Road | Willowbrook Dr | 2021 | 15,810 | 0.57 mi |
| Rittenhouse Rd | Lantern Ln | 2009 | 3,145 | 0.61 mi |
| Hillside Dr | Wayfield Dr | 2011 | 155 | 0.74 mi |
| Audubon Rd | S Trooper Rd | 2016 | 7,556 | 0.77 mi |
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Grand Rapids, MI
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
