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Child Care

The Learning Experience

748 Herlong Ave, Rock Hill, SC 29732

Listing Price: $4,074,100

Cap Rate
6.75%
Tenant Name
TLE at Rock Hill, LLC
Years Remaining On Lease
14.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$407.41
Lease Type
Double Net
Rent Per Square Feet
$27.50

Investment Overview

The Learning Experience was founded more than thirty years ago with a single location in Boca Raton, Florida, by the Weissman family. The unique and proprietary programs that the Weissmans developed quickly caught on and expansion soon followed. The foundation of The Learning Experience® was built on three key educational and care principles: cognitive, physical, and social development. The Learning Experience is an industry leader and one of the nation’s fastest growing early education and child care franchises, with a proven track record of success for both students and center franchisees. Home to over 75,000 people, Rock Hill is the largest city in York County and is the fifth largest in the state of South Carolina. With several businesses and institutions, the city is the commercial hub of the region. Winthrop University, a public liberal arts university with nearly 6,000 students enrolled annually, is situated just north of Rock Hill’s vibrant downtown.

Investment Highlights

  • Brand New 15-Year Lease with Corporate Guarantee
  • Eight Percent Rental Increases Every Five Years
  • 103,805 Residents Within a Five-Mile Radius - Charlotte MSA
  • Site Includes a 5,000-Square-Foot Playground
  • Excellent Visibility Along Herlong Avenue (Over 23,400 Cars Per Day)
  • Down the Road from New Development with Townhomes and Retail Planned
  • Average Household Income Exceeds $91,000 Within a Five-Mile Radius
  • Over 31,300 Cars Per Day at the Nearby Intersection of Herlong Avenue and India Hook Road

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Listing Price: $4,074,100

Cap Rate
6.75%
Tenant Name
TLE at Rock Hill, LLC
Years Remaining On Lease
14.2
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$407.41
Lease Type
Double Net
Rent Per Square Feet
$27.50

Investment Highlights

  • Brand New 15-Year Lease with Corporate Guarantee
  • Eight Percent Rental Increases Every Five Years
  • 103,805 Residents Within a Five-Mile Radius - Charlotte MSA
  • Site Includes a 5,000-Square-Foot Playground
  • Excellent Visibility Along Herlong Avenue (Over 23,400 Cars Per Day)
  • Down the Road from New Development with Townhomes and Retail Planned
  • Average Household Income Exceeds $91,000 Within a Five-Mile Radius
  • Over 31,300 Cars Per Day at the Nearby Intersection of Herlong Avenue and India Hook Road

Investment Overview

The Learning Experience was founded more than thirty years ago with a single location in Boca Raton, Florida, by the Weissman family. The unique and proprietary programs that the Weissmans developed quickly caught on and expansion soon followed. The foundation of The Learning Experience® was built on three key educational and care principles: cognitive, physical, and social development. The Learning Experience is an industry leader and one of the nation’s fastest growing early education and child care franchises, with a proven track record of success for both students and center franchisees. Home to over 75,000 people, Rock Hill is the largest city in York County and is the fifth largest in the state of South Carolina. With several businesses and institutions, the city is the commercial hub of the region. Winthrop University, a public liberal arts university with nearly 6,000 students enrolled annually, is situated just north of Rock Hill’s vibrant downtown.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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