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| Price $5,113,928 | Built/Renov 2019 | Tenant The Learning Experience |
| Cap Rate 7.00% | Lease Type
NN+ | Guarantor Corporate |
| Size/SF
10,000
| Lease Start
09-25-2019
| #Units
500
|
| Price/SF $511.39 | Expiration
11-30-2034
| Tenant Type Daycare/Education |
| NOI $357,975 | R. Term 9.1 | Ownership Fee Simple |
| Rent/SF
$35.80
| Increases 11.0%/5/yrs | Pop 5Mi 152,954 |
| Lot/AC 1.55 | Options 2/5yrs/11% | AHHI 5Mi $120,967 |
| | |
The Learning Experience is strategically located along Black Road, which sees approximately 23,624 vehicles daily. Positioned on a 1.55-acre lot, it is surrounded by large suburban neighborhoods and numerous key employers. Nearby established retailers include Home Depot, O'Reilly Auto Parts, Marshalls, Walmart, CVS, Target, Orange Theory, Speedway, Wendy's, McDonald's, Taco Bell, Jimmy John's,...
...Near major nationals
Strategically located
Highway close
Dense 100M+ pop 5 mi
Top 100 MSA
Affluent AHHI $100K 5 Mi
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 nationwide. TLE is one of America’s fastest-growing...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 9,745 | 67,520 | 150,755 |
| 2025 Total Population : | 9,955 | 68,299 | 151,404 |
| 2025 Employed Civilian Pop : | 5,328 | 38,215 | 82,397 |
| 2025 Total Businesses : | 370 | 1,592 | 4,180 |
| 2025 Average Household Income : | $ 126,961 | $ 133,270 | $ 122,080 |
| 2025 Total Consumer Spending : | $ 397 M | $ 2759 M | $ 5777 M |
| 2025 Median Age : | 41 | 39 | 39 |
| 2025 Total Households : | 3,640 | 24,208 | 54,976 |
| 2025 Pop Age 25+: Bachelor's Degree : | 1,218 | 10,363 | 21,492 |
| 2025 Average Home Value : | $ 334,739 | $ 356,960 | $ 344,564 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| W Black Rd | Parkshore Dr | 2004 | 5,600 | 0.08 mi |
| W Black Rd | Brook Forest Ave | 2008 | 13,800 | 0.18 mi |
| Brook Forest Ave | Meadow Dr | 2013 | 26,700 | 0.30 mi |
| W Black Rd | Sharp Dr | 2008 | 17,400 | 0.35 mi |
| Brook Forest Ave | Vertin Blvd | 2013 | 29,700 | 0.37 mi |
| IL 59 | 2021 | 26,700 | 0.52 mi | |
| W Black Rd | Baskin Dr | 2004 | 14,500 | 0.52 mi |
| W Black Rd | S Edgewater Ln | 2008 | 13,800 | 0.61 mi |
| W Black Rd | Bailey Dr | 2008 | 17,400 | 0.68 mi |
| Raven Rd | Country Dr | 2012 | 575 | 0.74 mi |
Belmont, NC
Cap Rate 7.25%
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Size/SF 10,000
Sewell, NJ
Cap Rate 6.50%
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R. Term 11.00 yrs
Size/SF 29,353
Houston, TX
Cap Rate 6.50%
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R. Term 12.40 yrs
Size/SF 10,000
Edmond, OK
Cap Rate 7.26%
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R. Term 14.30 yrs
Size/SF 10,000
Raleigh, NC
Cap Rate 6.25%
Lease NN+
R. Term 9.90 yrs
Size/SF 9,996
Wilmington, NC
Cap Rate 6.00%
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R. Term 10.20 yrs
Size/SF 12,355
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
Lake Mary, FL
Cap Rate 6.25%
Lease Double NN
R. Term 7.90 yrs
Size/SF 11,100
Fishers, IN
Cap Rate 6.82%
Lease NN+
R. Term 19.00 yrs
Size/SF 10,000
Menomonee Falls, WI
Cap Rate 7.00%
Lease Double NN
R. Term 18.70 yrs
Size/SF 11,237
Schaumburg, IL
Cap Rate 6.00%
Lease Abs NNN
R. Term 14.10 yrs
Size/SF 10,500
Conway, AR
Cap Rate 7.00%
Lease Abs NNN
R. Term 13.40 yrs
Size/SF 9,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
