Skip to main content

Child Care

The Learning Experience | New 15-Year Lease With Extended Corporate Guaranty

4822 S Forest Point Blvd, New Berlin, WI 53151

Listing Price: $4,950,704

Cap Rate
7.10%
Tenant Name
The Learning Experience
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$35.15

Investment Overview

Marcus & Millichap are pleased to present The Learning Experience | New 15-Year Lease With Extended Corporate Guaranty in New Berlin, Wisconsin. Built-to-Suit for The Learning Experience in 2020, rent for this property is expected to commence on November 1, 2020. This property features a brand new 15-year lease with 11 percent rental increases every five years. The lease boasts an extended corporate guaranty with a longer coverage period than many other corporately guaranteed locations. The location benefits from excellent demographics, including a population of 42,818 within three miles of the subject property, and an average household income of $117,922 within one mile of the subject property.

Investment Highlights

  • New Construction | Built-to-Suit for The Learning Experience in 2020
  • Brand New 15-Year Lease with 11 Percent Rental Increases Every Five Years
  • Lease Corporately Guaranteed | Net Lease
  • Operated by Sundance Kids Limited Liability | 12 Existing Locations
  • Excellent Demographics | 42,818 People Live Within Three Miles of Subject Property
  • Located 0.5 Miles From Interstate 43 | 68,600 Vehicles per Day

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s) WI: 56163-90

    Wisconsin

Child Care

The Learning Experience | New 15-Year Lease With Extended Corporate Guaranty

Listing Price: $4,950,704

Cap Rate
7.10%
Tenant Name
The Learning Experience
Years Remaining On Lease
14.4
Guarantor
Corporate Guarantee
Rentable SF
10,000
Lease Type
Double Net
Rent Per Square Feet
$35.15

Investment Highlights

  • New Construction | Built-to-Suit for The Learning Experience in 2020
  • Brand New 15-Year Lease with 11 Percent Rental Increases Every Five Years
  • Lease Corporately Guaranteed | Net Lease
  • Operated by Sundance Kids Limited Liability | 12 Existing Locations
  • Excellent Demographics | 42,818 People Live Within Three Miles of Subject Property
  • Located 0.5 Miles From Interstate 43 | 68,600 Vehicles per Day

Investment Overview

Marcus & Millichap are pleased to present The Learning Experience | New 15-Year Lease With Extended Corporate Guaranty in New Berlin, Wisconsin. Built-to-Suit for The Learning Experience in 2020, rent for this property is expected to commence on November 1, 2020. This property features a brand new 15-year lease with 11 percent rental increases every five years. The lease boasts an extended corporate guaranty with a longer coverage period than many other corporately guaranteed locations. The location benefits from excellent demographics, including a population of 42,818 within three miles of the subject property, and an average household income of $117,922 within one mile of the subject property.

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    Vice President/Regional Manager

    (262) 364-1964

    License(s): WI: 56163-90

    Wisconsin

MM Texture Background
MM Textured Background Lower