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Child Care

The Learning Experience | Rare Westchester County

530 N State Rd, Briarcliff Manor, NY 10510

Listing Price: $5,384,615

Cap Rate
6.50%
Tenant Name
The Learning Experience
Years Remaining On Lease
19.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$538.46
Lease Type
Double Net
Rent Per Square Feet
$35.00

Investment Overview

This Learning Experience is situated along N State Road in Briarcliff Manor, New York, approximately 30 miles north of New York City. This section of North State Road features an average daily traffic count of approximately 5,320 vehicles. Running parallel to North State Road is the Taconic State Parkway, which boasts an average daily traffic count that exceeds 60,580 vehicles. The town of Briarcliff Manor is an affluent residential community with an average household income of $194,865 within a one-mile radius of the subject property. There are more than 55,887 individuals within a three-mile radius of The Learning Experience and 90,327 individuals within a five-mile radius.

Investment Highlights

  • Brand-New Construction | Expected Completion in Spring 2021
  • Long-Term, 20-Year Double-Net Lease
  • Two, Five-Year Options
  • Ten Percent Increases Every Five-Years
  • Experienced, Multi-Unit Operator Throughout New York and New Jersey
  • Corporate Guarantee | Above Market $700,000 Corporate Guarantee of Base Rent Year 1

Exclusively Listed By

Financing By

Child Care

The Learning Experience | Rare Westchester County

Listing Price: $5,384,615

Cap Rate
6.50%
Tenant Name
The Learning Experience
Years Remaining On Lease
19.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$538.46
Lease Type
Double Net
Rent Per Square Feet
$35.00

Investment Highlights

  • Brand-New Construction | Expected Completion in Spring 2021
  • Long-Term, 20-Year Double-Net Lease
  • Two, Five-Year Options
  • Ten Percent Increases Every Five-Years
  • Experienced, Multi-Unit Operator Throughout New York and New Jersey
  • Corporate Guarantee | Above Market $700,000 Corporate Guarantee of Base Rent Year 1

Investment Overview

This Learning Experience is situated along N State Road in Briarcliff Manor, New York, approximately 30 miles north of New York City. This section of North State Road features an average daily traffic count of approximately 5,320 vehicles. Running parallel to North State Road is the Taconic State Parkway, which boasts an average daily traffic count that exceeds 60,580 vehicles. The town of Briarcliff Manor is an affluent residential community with an average household income of $194,865 within a one-mile radius of the subject property. There are more than 55,887 individuals within a three-mile radius of The Learning Experience and 90,327 individuals within a five-mile radius.

Exclusively Listed By

Financing By

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