The Learning Experience, Littleton, MA
Retail | 7.24% CAP | 11,000 SqFt
Marketing description
Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of The Learning Experience in Littleton, Massachusetts. This newly developed, single-tenant asset consists of a purpose-built childcare facility located along Great Road (Route 119), offering prominent visibility within one of Middlesex County’s most affluent and family-oriented communities.
Situated at 206 Great Road, the property encompasses approximately 2 acres and is 100% leased to The Learning Experience (TLE) on a new 20-year NNN lease. The lease features 10% rent increases every 5 years, including throughout their two (2) five-year options. TLE is currently paying $492,000 annually, increasing to $541,200 in Year 6, and $595,320 in Year 11. The renewal options escalate further to $720,337 and $792,371, respectively.
Investment highlights
LONG-TERM NNN LEASE WITH STRONG OPERATOR - 20-Year NNN lease with two 5-Year renewal options to outstanding TLE operator
PROXIMITY TO MAJOR EMPLOYERS & TECH CORRIDOR - Close to I-495 tech corridor, home to major employers like IBM, Kronos, and Cisco Systems
AFFLUENT AND GROWING SUBMARKET - Located in Littleton, MA, part of Middlesex County with a median household income of over $140,000
PURPOSE-BUILT CHILDCARE FACILITY - Designed and constructed specifically for The Learning Experience
HIGH BARRIERS TO ENTRY - Strict Massachusetts childcare licensing and zoning requirements create significant barriers for new competitors
LIMITED LANDLORD RESPONSIBILITIES - Absolute NNN lease with Tenant responsible for all maintenance including roof, structure and HVAC
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