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The Learning Experience & Art and Dance Studio
Retail | 7.75% CAP | 24,856 SF
Listing Contacts
See All (3)
License: NY 49KU1129178
License: NY 10401294012
Active
Asking Price: $6,800,000
Listing Broker NameBrian Brockman
Brokerage NameBang Realty-New England, Inc
Address
2285 Reservoir Ave, Trumbull, CT 06611
Show on MapDate Added
May 1, 2024
Days on Market
317 days
Time Since Last Update
31 days
Details
Property TypeRetail
SubtypeDay Care/Nursery, Storefront
Investment TypeNet Lease
Investment Sub TypeMulti-Tenant
Lease TypeModified
TenancyMulti
Brand/TenantThe Learning Experience
Lease Expiration08/31/2040
Remaining Term15.5 years
Square Footage24,856
Price/Sq Ft$273.58
Cap Rate7.75%
Occupancy100%
NOI$526,732
Lot Size (acres)1.5
Investment Highlights
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Multi-Tenant Deal Anchored by The Learning Experience| Extremely Minimal Landlord Responsibilities | Net Lease Cash Flow in a Fairfield County, CT Market
-
New Roof Will be Installed in May of 2024 and The Learning Experience and Abrakadoodle Will Be Remodeled – Including All New Plumbing and HVAC | Rockwell Dance Center Windows Will Be Replaced
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Amongst the Fastest Growing Early Education Programs in the Country | Further Expansion Planned Throughout the United States With 35+ Centers Opening Annually |Well-Established Program With Over 350 Locations Across the United States
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Located in Affluent Fairfield County, CT | 6th Wealthiest County in the United States |Home to 19 Fortune 1000 Companies | Perfect Location for Early Education Provider
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$526,732.00
$43,894.33/mo
Valuation Metrics
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0
DSCR
7.75%
Cap Rate
7.75%
ROI
Property History
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Due Diligence
Listing Contacts
See All (3)- License: NY 49KU1129178
- License: NY 10401294012
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Broker Information
Broker Name
Brian Brockman
Broker License
REB.0792373
Brokerage Name
Bang Realty-New England, Inc
Brokerage Address
2939 Vernon Place, Cincinnati, OH 45219
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