The Learning Experience
Beavercreek, OH
Key Details
Price: | $5,413,793 |
---|---|
Cap Rate: | 7.25% |
Annual Rent: | $392,500 |
Address: | 722 North Fairfield Road, Beavercreek, Ohio 45434 |
Property Type: | Specialty |
Lease Type: | Modified Triple Net |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 11/20/2024 |
Lease Expiration: | 11/27/2039 |
Lease Term Remaining: | 14.9 Years |
Rental Increases: | Variable |
Lot Size: | 1.92 Acres |
Building Size: | 10,859 SF |
Year Built: | 2024 |
NNN Pro is pleased to present the exclusive listing for a The Learning Experience located at 722 North Fairfield Road, Beavercreek, Ohio 45434. The site consists of roughly 10859 rentable square feet of building space on an estimated 1.92-acre parcel of land. This The Learning Experience is subject to a 15-year Modified Triple Net lease, which commenced 11/20/2024. The current annual rent is $392,500 and has scheduled increases of Variable.
About the Investment
- Brand New 2024 Construction | This property is subject to a brand new 2024 renovation (7,159 SF) and expansion (3,700 SF). This renovation includes a brand new roof and HVAC system.
- Top Tier Location for TLE | Property is located in a primarily residential area with many surrounding elementary, middle and high schools.
- Number 1 Childcare Franchise | The Learning Experience was ranked as the #1 childcare franchise on Entrepreneur Magazine's Franchisee 500 list for 2023.
- Strong Systemwide Sales Growth | Systemwide sales for The Learning Experience increased by 24.4% from 2022 to 2023 and the average revenue per mature center grew by 13% during that same period.
- Amongst the Fastest Growing Early Education Programs in the Country | Well-established program with over 350 locations across the United States with further expansion planned throughout the United States. TLE currently opens 35+ centers annually.
- Strategic Location | This subject property is conveniently located less than 10 miles from downtown Dayton, OH.
Key Details
Price: | $5,413,793 |
---|---|
Cap Rate: | 7.25% |
Annual Rent: | $392,500 |
Address: | 722 North Fairfield Road, Beavercreek, Ohio 45434 |
Property Type: | Specialty |
Lease Type: | Modified Triple Net |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 11/20/2024 |
Lease Expiration: | 11/27/2039 |
Lease Term Remaining: | 14.9 Years |
Rental Increases: | Variable |
Lot Size: | 1.92 Acres |
Building Size: | 10,859 SF |
Year Built: | 2024 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Christopher Urban
curban@nnnpro.com
License: NY: 10401294011
Broker of Record
Brian Brockman
Bang Realty, Inc
License: BRK.2009000214
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.