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Child Care

The Learning Experience

2016 Middleton Farm Dr, Belmont, NC 28012

Listing Price: $5,038,000

Cap Rate
6.65%
Tenant Name
TLE at Belmont, LLC
Years Remaining On Lease
13.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$503.80
Lease Type
Double Net
Rent Per Square Feet
$33.50

Investment Overview

Marcus & Millichap is pleased to present for sale The Learning Experience in Belmont, North Carolina. The Learning Experience ("TLE") is one of the fastest-growing early childhood education franchisors in the U.S. With more than 40 years of experience developing best-in-class childcare brands, the Weissman family founded TLE in 2002. Currently, TLE has roughly 600 centers open or under development.

Belmont is situated in Gaston County, North Carolina, roughly nine miles east of Gastonia and 11 miles west of Charlotte. Part of the Charlotte metropolitan area, Belmont is home to an estimated 15,000 residents.

Investment Highlights

  • Over 13 Years Remaining on Lease Term with Corporate Guaranty
  • The Learning Experience is One of the Fastest-Growing Early Childhood Education Franchisors in the U.S. with 600 Centers Open or Under Development
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 68,012 Residents within a Five Mile Radius in the Charlotte MSA
  • Households and Population Projected to Increase 11 Percent in the Immediate Area by 2028
  • Adjacent to South Point High School and the New $40M Belmont Middle School (1,675 Total Students)
  • The Learning Experience is Ranked the Number One Childcare Franchise by Entrepreneur Magazine and Number One Education Franchise by Franchise Business Review
  • Average Household Income Exceeds $124,000 within a One Mile Radius

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s) NC: 303785

    North Carolina

Financing By

Child Care

The Learning Experience

Listing Price: $5,038,000

Cap Rate
6.65%
Tenant Name
TLE at Belmont, LLC
Years Remaining On Lease
13.4
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$503.80
Lease Type
Double Net
Rent Per Square Feet
$33.50

Investment Highlights

  • Over 13 Years Remaining on Lease Term with Corporate Guaranty
  • The Learning Experience is One of the Fastest-Growing Early Childhood Education Franchisors in the U.S. with 600 Centers Open or Under Development
  • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • 68,012 Residents within a Five Mile Radius in the Charlotte MSA
  • Households and Population Projected to Increase 11 Percent in the Immediate Area by 2028
  • Adjacent to South Point High School and the New $40M Belmont Middle School (1,675 Total Students)
  • The Learning Experience is Ranked the Number One Childcare Franchise by Entrepreneur Magazine and Number One Education Franchise by Franchise Business Review
  • Average Household Income Exceeds $124,000 within a One Mile Radius

Investment Overview

Marcus & Millichap is pleased to present for sale The Learning Experience in Belmont, North Carolina. The Learning Experience ("TLE") is one of the fastest-growing early childhood education franchisors in the U.S. With more than 40 years of experience developing best-in-class childcare brands, the Weissman family founded TLE in 2002. Currently, TLE has roughly 600 centers open or under development. Belmont is situated in Gaston County, North Carolina, roughly nine miles east of Gastonia and 11 miles west of Charlotte. Part of the Charlotte metropolitan area, Belmont is home to an estimated 15,000 residents.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (704) 831-4600

    License(s): NC: 303785

    North Carolina

Financing By

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