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Child Care

The Learning Experience

1645 Greenridge Dr, Burleson, TX 76028

Listing Price: $6,154,000

Cap Rate
7.15%
Tenant Name
The Learning Experience
Years Remaining On Lease
14.8
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$615.40
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.00

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease The Learning Experience in Burleson, TX. The property consists of a 10,000-square-foot, freestanding building that sits on approximately 1.28 acres of land. There are 14.8 years remaining on the lease with 10% rental increases every 5 years.

Investment Highlights

  • Corporate 16-Year Triple-Net Lease With 10% Rental Escalations Every 5 Years
  • New Construction - 1.28 Acre Parcel
  • Roundabout Access to SW Wilshire Boulevard (41,422 VPD) and NW John Jones Drive (17,241 VPD)
  • Adjacent to Multiple Power Centers Anchored by Target, H-E-B, Kroger Marketplace, and Sprouts
  • 97,213 Residents and $111,042 Average Household Income Within 5 Miles
  • Strong Daytime Population of 75,136 with School and Office Density (5-Mile Radius)
  • National Early Education Tenant with Rapid U.S. Expansion
  • DFW Added 177,922 Residents in the Past Year | Burleson Positioned for More Growth

Exclusively Listed By

Child Care

The Learning Experience

Listing Price: $6,154,000

Cap Rate
7.15%
Tenant Name
The Learning Experience
Years Remaining On Lease
14.8
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$615.40
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.00

Investment Highlights

  • Corporate 16-Year Triple-Net Lease With 10% Rental Escalations Every 5 Years
  • New Construction - 1.28 Acre Parcel
  • Roundabout Access to SW Wilshire Boulevard (41,422 VPD) and NW John Jones Drive (17,241 VPD)
  • Adjacent to Multiple Power Centers Anchored by Target, H-E-B, Kroger Marketplace, and Sprouts
  • 97,213 Residents and $111,042 Average Household Income Within 5 Miles
  • Strong Daytime Population of 75,136 with School and Office Density (5-Mile Radius)
  • National Early Education Tenant with Rapid U.S. Expansion
  • DFW Added 177,922 Residents in the Past Year | Burleson Positioned for More Growth

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple-net lease The Learning Experience in Burleson, TX. The property consists of a 10,000-square-foot, freestanding building that sits on approximately 1.28 acres of land. There are 14.8 years remaining on the lease with 10% rental increases every 5 years.

Exclusively Listed By

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