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Child Care

The Learning Experience

610 Mamaroneck Ave, White Plains, NY 10605

Listing Price: $6,214,385

Cap Rate
6.50%
Tenant Name
TLE at White Plains, LLC
Years Remaining On Lease
19.1
Gross SF
11,541
Guarantor
Corporate Guarantee
Rentable SF
11,541
Price/Gross SF
$538.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.00

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for The Learning Experience located at 601 Mamaroneck Avenue in White Plains, NY.

Investment Highlights

  • Long Term 20-Year Corporate-Guaranteed Lease
  • Seasoned Child-Care Space Operator | Multi-Center Operator
  • Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
  • 2 Tenant Renewal Periods of 5 Years Each, Extending Potential Lease Term to 30 Years

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Listing Price: $6,214,385

Cap Rate
6.50%
Tenant Name
TLE at White Plains, LLC
Years Remaining On Lease
19.1
Gross SF
11,541
Guarantor
Corporate Guarantee
Rentable SF
11,541
Price/Gross SF
$538.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$35.00

Investment Highlights

  • Long Term 20-Year Corporate-Guaranteed Lease
  • Seasoned Child-Care Space Operator | Multi-Center Operator
  • Attractive Rental Increases of Ten Percent (10%) Every Five (5) Years
  • 2 Tenant Renewal Periods of 5 Years Each, Extending Potential Lease Term to 30 Years

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for The Learning Experience located at 601 Mamaroneck Avenue in White Plains, NY.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

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