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Brand New 20 Yr. NNN Lease- Huge Growth Area Learning Experience 10,095 SF 4-Star Retail Building Mesa, AZ 85205 $9,457,358 CAD ($936.84 CAD/SF) 7% Cap Rate

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INVESTMENT HIGHLIGHTS

  • BROKER BONUS | Brand New Rare 20 Yr. Corp Lease by Learning Experience - 450+ Locations - Best in Class Brand
  • Corp Guarantee of $750k over 5 Yrs. - Subsidiary of Golden Gate Capital ($19B+ Market Cap)
  • Brand New 2025 Prototype - 10% Rent Bumps - 20 Yr. Roof Warranty
  • High Profile Site off Hwy 202 - Hyper Dense Residential Trade Area with Huge Population Growth
  • Affluent Suburb of Phoenix/Scottsdale with Tremendous Demo’s - $117,871 HHI within 1 Mile
  • Large 1.63 Acre Lot Shadow-Anchored by Home Depot/Target/Safeway/Mesa Community College

EXECUTIVE SUMMARY

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully occupied by The Learning Experience in Mesa, AZ. The Learning Experience is one of America’s fastest growing childcare franchises, was #43 on Entrepreneur’s Franchise 500 ranking for 2023, and has over 600 locations open or under development across the country. With a brand new 20-year lease, two 5-year option periods, 10% rent increases every 5 years, and limited landlord responsibilities, this asset is ideal for investors seeking years of inflation resistant cash flows.
The new 10,095 SF facility on 1.63-acre lot is strategically position on the hard corner of E McKellips Road (49,585 VPD) and N 66th Street, is a mile from AZ-202/Red Mountain Hwy (67,862 VPD) and is within the Phoenix MSA, which has a population exceeding 4.65 million. Nearby retailers include Target, The Home Depot, Safeway, Fry’s, Walgreens, Bank of America, Starbucks, McDonald’s, Chick-fil-A, Taco Bell, Wendy’s, and more.
This is an excellent opportunity to purchase a new construction, single tenant net leased investment with a new long-term lease, two 5-year option periods, rent increases, and limited landlord obligations, providing years of inflation resistant income.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,095 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2025
Construction Status
Under Construction
Price
$9,457,358 CAD
Price Per SF
$936.84 CAD
Cap Rate
7%
NOI
$662,190 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.63 AC
Zoning
NC
Frontage
444’ on E Mckellips Rd

AMENITIES

  • Corner Lot
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

NEARBY MAJOR RETAILERS

Starbucks
Safeway
U.S. Bank
Chili's Grill & Bar
First Watch
Cafe Rio
Curves
LA Fitness
Fry’s Food Stores
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 141-65-085A
  • 141-65-083A
  • 141-65-084A
  • 141-65-082A
Land Assessment
$27,628 CAD
Improvements Assessment
$0 CAD
Total Assessment
$27,628 CAD
  • Listing ID: 29744635

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: Learning Experience, Mesa, AZ 85205

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