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The Learning Experience & Art & Dance Studio 2285 Reservoir Ave 24,856 SF 100% Leased Retail Building Trumbull, CT 06611 $9,186,054 CAD ($369.57 CAD/SF) 7.75% Cap Rate


INVESTMENT HIGHLIGHTS
- Multi-Tenant Deal with The Learning Experience| Extremely Minimal Landlord Responsibilities | Net Lease Cash Flow in a Core CT Market
- Amongst the Fastest Growing Early Education Programs in the Country | Further Expansion Planned Throughout the United States
- New Roof Will be Installed in May of 2024 and The Learning Experience and Abrakadoodle Will Be Remodeled – Including All New Plumbing and HVAC
- Located in Affluent Fairfield County, CT | 6th Wealthiest County in the United States | Home to 19 Fortune 1000 Companies
EXECUTIVE SUMMARY
About the Investment
? Multi-Tenant Deal with The Learning Experience| Extremely Minimal Landlord Responsibilities | Net Lease Cash Flow in a Core CT Market
? New Roof Installed and The Learning Experience and Abrakadoodle Remodeled –Including All New Plumbing and HVAC | Rockwell Dance Center Windows Replaced
? Amongst the Fastest Growing Early Education Programs in the Country | Further Expansion Planned Throughout the United States With 35+ Centers Opening Annually | Well-Established Program With Over 350 Locations Across the United States
? Located in Affluent Fairfield County, CT | 6th Wealthiest County in the United States | Home to 19 Fortune 1000 Companies | Perfect Location for Early Education Provider
? Multi-Tenant Deal with The Learning Experience| Extremely Minimal Landlord Responsibilities | Net Lease Cash Flow in a Core CT Market
? New Roof Installed and The Learning Experience and Abrakadoodle Remodeled –Including All New Plumbing and HVAC | Rockwell Dance Center Windows Replaced
? Amongst the Fastest Growing Early Education Programs in the Country | Further Expansion Planned Throughout the United States With 35+ Centers Opening Annually | Well-Established Program With Over 350 Locations Across the United States
? Located in Affluent Fairfield County, CT | 6th Wealthiest County in the United States | Home to 19 Fortune 1000 Companies | Perfect Location for Early Education Provider
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
24,856 SF
Building Class
C
Year Built
1979
Price
$9,186,054 CAD
Price Per SF
$369.57 CAD
Cap Rate
7.75%
NOI
$711,919 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.20
Lot Size
2.79 AC
Zoning
I-L2
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | TRUM-000010G-000000-000068 | Improvements Assessment | $3,249,134 CAD |
| Land Assessment | $531,353 CAD | Total Assessment | $3,780,487 CAD |
PROPERTY TAXES
Parcel Number
TRUM-000010G-000000-000068
Land Assessment
$531,353 CAD
Improvements Assessment
$3,249,134 CAD
Total Assessment
$3,780,487 CAD
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The Learning Experience & Art & Dance Studio | 2285 Reservoir Ave
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