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30023566
30023567

2601 Educational Ln., Manasquan, NJ 08736

FH
NJ 2186147
The Brokers Network, Inc.
Listed by The Brokers Network, Inc.
$5,100,000
94 days on market
Updated 2 days ago

Learning Experience - Manasquan NJ

Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 1
Cap Rate 6.37%
NOI $324,800
Occupancy 100%
Tenancy Single
Brand/Tenant The Learning Experience
Lease Type NN
Lease Term 15
Lease Expiration 08/31/2034
Remaining Term 8.2
Rent Bumps Yes
Lease Options 2 Five year options
Pro-Forma Cap Rate 6.64%
Pro-Forma NOI $338,500
Price per SqFt $510
Class A
Year Built 2019
Buildings 1
Stories 1
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 09/01/2019
Ground Lease No

Day Care Center Investment - Long Term Net Lease

Marketing description

The Learning Experience – Manasquan, NJ

10,000 SF | Long-Term NN Lease | 6.37% Cap | Built-In 12% Rent Increase

The Brokers Network is pleased to present the opportunity to acquire a single-tenant The Learning Experience located in Manasquan, NJ.

Long-Term NN Lease

Tenant is responsible for taxes and insurance, providing predictable income with limited landlord responsibilities.

Experienced Multi-Unit Franchisee

Operated by a seasoned, multi-location franchisee of The Learning Experience, reducing operational risk and enhancing credit profile.

Contractual 12% Rent Increase

A 12% increase scheduled in approximately three years provides built-in NOI growth and natural hedge against inflation.

Defensive, Recession-Resilient Asset Class

Early childhood education has historically demonstrated stable demand driven by dual-income households and strong local demographics.

Affluent Monmouth County Location

Located in desirable Manasquan, NJ within Monmouth County — an affluent coastal market with strong household incomes, high home values, and consistent family demand.


Location Overview

The property benefits from significant nearby economic investment, including Netflix’s $1 billion East Coast studio campus at Fort Monmouth, featuring 12 state-of-the-art soundstages and over 500,000 square feet of production space, with phased openings beginning in 2027–2028. Additionally, Kushner Companies is redeveloping Monmouth Mall into “Monmouth Square,” a $500 million mixed-use project featuring approximately 990,000 square feet of retail and dining space, 1,000 residential units, medical offices, and public green space. These transformative projects, combined with proximity to major healthcare institutions and regional employers, continue to enhance the area’s long-term growth and demographic stability.

Investment highlights

Investment Summary

  • Price: $5,100,000

  • Current NOI: $324,800

  • Cap Rate: 6.37%

  • Future NOI (12% Increase): $363,776

  • Pro Forma Cap After Increase: 7.13%

  • Lease Type: NN

  • Building Size: 10,000 SF

  • Occupancy: 100%

  • Renewal Options: Two 5-year renewal options with 12% bumps

Listing Contacts

FH
NJ 2186147
The Brokers Network, Inc.
Listed by The Brokers Network, Inc.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$324,800.00
$27,066.67/mo

Valuation Metrics

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DSCR
6.37%
Cap Rate
6.37%
ROI

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