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29203337
29203338

43020 Eastern Kingbird Plaza, Ashburn, VA 20147

KT
VA VA 0225205054
SURMOUNT
DW
DC SP98363183, MD 574119 (+1)
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
JW
NY 10401304686
SURMOUNT
LB
NY NY: 10401387024
SURMOUNT
Listed by SURMOUNT
$7,200,000
146 days on market
Updated 52 days ago

The Learning Experience

Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery
Square Footage 10,000
Cap Rate 7.5%
NOI $540,000
Occupancy 100%
Tenancy Single
Brand/Tenant The Learning Experience
Lease Type NN
Lease Term 15
Lease Expiration 08/31/2039
Remaining Term 13.2
Rent Bumps Yes
Lease Options Two, 5-Years
Broker Co-Op Yes
Year Built 2024
Buildings 1
Stories 1
Acreage 1.480
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2024
Ownership Fee Simple

7.50% Cap Rate | Affluent Loudoun County Real Estate | Washington, D.C. MSA

Marketing description

Surmount is pleased to present the exclusive listing for a The Learning Experience located at 43020 Eastern Kingbird Plaza, Ashburn, VA 20147. The site consists of approximately a 10,000 sq.ft. building plus a 5,000 sq.ft. outdoor playground area on an estimated 1.48-acre parcel of land. The Learning Experience is subject to a 15-year Double Net (NN) lease, which commenced 9/1/2024. The current annual rent is $540,000 and has scheduled increases of 10% Every 5 Years.

Investment highlights

  • Superior Demographics | Located in the wealthiest county in the nation with approximately 179,000 residents within a five mile radius with nearly $200,000 average household incomes surrounding the property.

  • Experienced Operator | Multi-location operator under The Learning Experience corporate guarantee.

  • Operating for Over 40 Years | The Learning Experience has become the nation’s fastest-growing childcare franchise with over 600 locations operating or under development across the nation.

  • Number 1 Childcare Franchise | The Learning Experience was ranked the #1 childcare franchise on Entrepreneur Magazine’s Franchise 500 list for 2023.

  • Strong Systemwide Sales and Facilities Growth | The Learning Experience continues to demonstrate impressive performance, with systemwide sales increasing by 24.4% from 2022 to 2023 and average revenue per mature center rising by 13% during the same period. The brand's rapid expansion also remains on track, having opened over 30 new centers in just one year and with more than 280 additional sites currently under some stage of development, reflecting strong demand and long-term growth potential.

  • Newly Constructed Building | Property benefits from a brand-new, high-quality, build to- suit building, implementing The Learning Experience’s latest branding.

Listing Contacts

KT
VA VA 0225205054
SURMOUNT
DW
DC SP98363183, MD 574119 (+1)
SURMOUNT
GK
NY 49KU1129178
SURMOUNT
MA
NY 10401294046
SURMOUNT
JW
NY 10401304686
SURMOUNT
LB
NY NY: 10401387024
SURMOUNT
Listed by SURMOUNT

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$540,000.00
$45,000.00/mo

Valuation Metrics

0
DSCR
7.5%
Cap Rate
7.5%
ROI

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Additional Information

Name
Ken Tamres
License
VA 0225205054
Brokerage Phone
7034081577
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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