The Learning Experience
7.30%
Cap Rate
NN
Lease Type
15 Years
Term Remaining
$335,000
NOI
10,000 sqft
Bldg Size
1.45 Acres
Lot Size
2024
Year Built
$158,817
3 Mile HHI
24,281
3 Mile Pop
Landlord Obligations: This is a standard TLE lease - the landlord is responsible for roof and structure.
New construction & 15-year lease: A buyer will enjoy 25 years of lease coverage on a recently completed property.
Single family construction: The immediate area is surrounded by 5 new single-family developments.
Strong demographics: The 3-mile household income is approximately $160,000.
Arborwalk Development: This project (of which TLE is a part), is going to completely transform the market area and is planned to include 300+ units of Class A apartments, a grocery store, Casey’s convenience store, a national/regional coffer, a car wash, and quick lube. Raintree Village, is set to open up February 1st, 2025, and will offer a wide array of senior living solutions
Deal Highlights
$4,589,000
Price
Price
$4,589,000
The Deal in 30 Seconds
Deal in 30 Seconds
Eric Parrs