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Child Care

The Learning Experience

3084 Jericho Turnpike, East Northport, NY 11731

Listing Price: $5,080,000

Cap Rate
6.25%
Tenant Name
The Learning Experience
Years Remaining On Lease
12.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$508.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.75

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for The Learning Experience located at 3084 Jericho Turnpike in East Northport, NY.

Investment Highlights

  • Approximately 12.5 Years Remaining In Initial Term of Lease
  • Tenant Continued to Operate All Throughout 2020
  • Property Built For Potential Retail Redevelopment in the Future
  • Built in 2018 | 10,000 SF Building Plus 5,000 SF Playground
  • Located Directly on Jericho Turnpike With Over 37,000 Vehicles Per Day
  • Located In Extremely Dense Retail Artery

Exclusively Listed By

Listing Price: $5,080,000

Cap Rate
6.25%
Tenant Name
The Learning Experience
Years Remaining On Lease
12.5
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$508.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$31.75

Investment Highlights

  • Approximately 12.5 Years Remaining In Initial Term of Lease
  • Tenant Continued to Operate All Throughout 2020
  • Property Built For Potential Retail Redevelopment in the Future
  • Built in 2018 | 10,000 SF Building Plus 5,000 SF Playground
  • Located Directly on Jericho Turnpike With Over 37,000 Vehicles Per Day
  • Located In Extremely Dense Retail Artery

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for The Learning Experience located at 3084 Jericho Turnpike in East Northport, NY.

Exclusively Listed By

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