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Child Care

The Learning Experience

12900 Josey Ln, Farmers Branch, TX 75234

Listing Price: $4,688,000

Cap Rate
6.40%
Tenant Name
The Learning Experience
Years Remaining On Lease
16.3
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$468.80
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple net lease The Learning Experience in Farmers Branch, Texas. The property consists of a 10,000-square foot, freestanding building that sits on approximately 1.89 acres of land. The tenant signed a new 16 year lease in 2021, with 10 percent rental escalations scheduled every five years, as well as each option thereafter. The property is located near the signalized hard corner of Valley View Ln and Josey Ln, where combined traffic counts exceed 33,300 vehicles per day. The area is extremely dense with more than 295,157 residents within a five-mile radius. Surrounding retailers in the immediate area include Walmart, Walgreens, Exxon, McDonalds and many more.

Investment Highlights

  • Significant Commercial Development Surrounding Property; Including Bank of America, Perla Dental and a Baylor Scott & White Rehab Facility
  • New 16 Year Triple Net Lease with 10% Rental Increases Every Five Years
  • Attractive 2021 Construction
  • Near the Signalized Corner of Valley View Lane and Josey Lane (33,300 Vehicles per Day)
  • More than 295,157 Residents Within a Five-Mile Radius
  • Large 1.89 Acres Parcel with Ample Parking and Multiple Access Points

Exclusively Listed By

Financing By

Child Care

The Learning Experience

Listing Price: $4,688,000

Cap Rate
6.40%
Tenant Name
The Learning Experience
Years Remaining On Lease
16.3
Gross SF
10,000
Guarantor
Corporate Guarantee
Rentable SF
10,000
Price/Gross SF
$468.80
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.00

Investment Highlights

  • Significant Commercial Development Surrounding Property; Including Bank of America, Perla Dental and a Baylor Scott & White Rehab Facility
  • New 16 Year Triple Net Lease with 10% Rental Increases Every Five Years
  • Attractive 2021 Construction
  • Near the Signalized Corner of Valley View Lane and Josey Lane (33,300 Vehicles per Day)
  • More than 295,157 Residents Within a Five-Mile Radius
  • Large 1.89 Acres Parcel with Ample Parking and Multiple Access Points

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a triple net lease The Learning Experience in Farmers Branch, Texas. The property consists of a 10,000-square foot, freestanding building that sits on approximately 1.89 acres of land. The tenant signed a new 16 year lease in 2021, with 10 percent rental escalations scheduled every five years, as well as each option thereafter. The property is located near the signalized hard corner of Valley View Ln and Josey Ln, where combined traffic counts exceed 33,300 vehicles per day. The area is extremely dense with more than 295,157 residents within a five-mile radius. Surrounding retailers in the immediate area include Walmart, Walgreens, Exxon, McDonalds and many more.

Exclusively Listed By

Financing By

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