Brand New 20 Yr. NNN Lease- Huge Growth Area Learning Experience

Learning Experience , Mesa, Arizona, 85205 | 10,095 sq.f | $ 6,430,889

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About This Restaurant

Investment Highlights

Brand New Rare 20 Yr. Corp Lease by Learning Experience - 450+ Locations - Best in Class Brand Corp Guarantee of $750k over 5 Yrs. - Subsidiary of Golden Gate Capital ($19B+ Market Cap) Brand New 2024 Prototype - 10% Rent Bumps - 20 Yr. Roof Warranty - Scheduled Open Q3 2024 High Profile Site off Hwy 202 - Hyper Dense Residential Trade Area with Huge Population Growth Affluent Suburb of Phoenix/Scottsdale with Tremendous Demo?s - $117,871 HHI within 1 Mile Large 1.63 Acre Lot Shadow-Anchored by Home Depot/Target/Safeway/Mesa Community College

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully occupied by The Learning Experience in Mesa, AZ. The Learning Experience is one of America?s fastest growing childcare franchises, was #43 on Entrepreneur?s Franchise 500 ranking for 2023, and has over 600 locations open or under development across the country. With a brand new 20-year lease, two 5-year option periods, 10% rent increases every 5 years, and limited landlord responsibilities, this asset is ideal for investors seeking years of inflation resistant cash flows.The new 10,095 SF facility on 1.63-acre lot is strategically position on the hard corner of E McKellips Road (49,585 VPD) and N 66th Street, is a mile from AZ-202/Red Mountain Hwy (67,862 VPD) and is within the Phoenix MSA, which has a population exceeding 4.65 million. Nearby retailers include Target, The Home Depot, Safeway, Fry?s, Walgreens, Bank of America, Starbucks, McDonald?s, Chick-fil-A, Taco Bell, Wendy?s, and more.This is an excellent opportunity to purchase a new construction, single tenant net leased investment with a new long-term lease, two 5-year option periods, rent increases, and limited landlord obligations, providing years of inflation resistant income.

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Day Care Center Day Care Center General Retail Convenience Store General Retail Fast Food General Retail Freestanding Day Care Center
  • Building Size    10,095
  • Building Class    A
  • LoopNet Rating    4 Star
  • Year Built    2024
  • Construction Status    Under Construction
  • Price    6,430,889
  • Price Per SF    637
  • Cap Rate    6.75
  • NOI    434,085
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.14
  • Land Acres    1.63 AC

Nearby Amenities & Transportation

Retail Golden Corral
Retail U.S. Bank
Retail Starbucks
Retail Panda Express
Retail Chili's
Retail First Watch
Retail Cafe Rio
Retail Curves
Retail LA Fitness
Retail Bank of America

Property Taxes

Parcel Number 141-65-085A 141-65-083A 141-65-084A 141-65-082A Improvements Assessment $18,814
Land Assessment $0 Total Assessment $18,814
Date Created: 2024-07-16 04:09:20 Last Updated: 2024-07-16 04:09:20
Address: Learning Experience , Mesa, Arizona, 85205