The Learning Experience
Retail | 6.21% CAP | 10,000 SF
Marketing description
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 leased to The Learning Experience (“TLE” – corporate) on a brand new 15-year lease. This 10,000 SF new construction retail facility provides investors with long term secure cash flows and a hedge against inflation with 10% rental increases every 5 years.
Positioned on Blue Diamond road (Nevada State Rout 160), this site sees over 55,900 VPD and is within the greater Las Vegas area which has a total population of 2.29 M. Within a 5-mile radius of the site there are 323,000 residents and 44% of households are occupied by three or more residents. Nearby retailers include The Habit Burger, Cafe Rio, Wingstop, Burger King, Little Caesars, 7-Eleven and Alberton’s.
This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 15-year lease with 10% rental increases with two 5-year options and minimal landlord obligations.
Investment highlights
New 15 Yr. Corp Lease by Learning Experience Corp. - 450+ Locations - Best in Class
World Famous Tourist Destination (49M+ Yearly) - Huge Population/Business Growth
Strong 7-Year Corp Guarantee ($750K CAP) - Subsidiary of Golden Gate Capital - ($19B+ Market CAP)
Brand New 2024 Prototype - 10% Rent Bumps - 15 Yr. Roof Warranty
TLE is #1 of all Child Care Franchise according to Entrepreneur ‘s Franchise 500
Nation’s Fastest Growing Brand! - “Annual Franchise Top 500 List”
Affluent Residential Trade Area ($117,837 HHI) - Surrounded by Summerlin/Southern Highlands
Path of Growth for Las Vegas Market - Shadow Anchored by Albertsons/Target Centers
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