The Learning Experience – Exton, PA

Tenant

The Learning Experience

Location

Exton, PA

Price

$3,915,771

CAP Rate

7.0%

NOI

$274,104

Lease Term

23 Years

Occupancy

100%

Building Size

10,000 SF

Property Type

Single Tenant

Year Built

2007

Lot Size

2.40 Acres

Status

Available

Property Contacts:

Karly Iacono

Associate Director

201-742-6119 | Email

  • NNN Lease with Limited Landlord Responsibilities
  • 8% Rent Increase every 5 Years
  • Great Demographics: Over 103K People Within a 5 Mile Radius
  • The Average Household Income Exceeds $131K within 5 Miles
  • Over 20,000 VPD

Marcus & Millichap is pleased to exclusively present for sale a NNN Learning Experience child care facility in Exton, PA. The subject property has 9.5 years remaining on the base term with 2 5-year options. . The tenant recently exercised  an option early showing commitment to the site. The lease calls for rent increases throughout the base term and options of 8% every 5 years. Landlord responsibilities are limited to roof and structural repairs.

 

The Learning Experience┬«, with more than 300 centers operating or under development, is one of the nation’s fastest-growing Academies of Early Education for children from ages six weeks to six years old. The Learning Experience has generated double-digit annual growth for the past 15 years, making it a clear leader in the early childhood education sector. For nearly 20 years, The Learning Experience has provided the foundation necessary for children to succeed in preschool, kindergarten, and beyond.