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Learning Experience
Mesa, AZ 85205
New 20 Yr. NNN Lease - Learning Experience · Retail Property For Sale

Investment Highlights

  • Brand New Rare 20 Yr. Corp Lease by Learning Experience - 600+ Locations Best-in-Class Brand
  • Corp Guarantee of $1M over 6 Yrs. Subsidiary of Golden Gate Capital (~$20B Cumulative Committed Capital)
  • 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 $148,492 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 #32 on Entrepreneur’s Franchise 500 ranking for 2024, 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.

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
2026
Price
$9,142,040 CAD
Price Per SF
$905.60 CAD
Cap Rate
7.20%
NOI
$658,306 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.63 AC
Zoning
NC - Neighborhood Commercial
Frontage
444’ on E Mckellips Rd

Amenities

  • Corner Lot
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 141-65-085A
  • 141-65-084A
  • 141-65-083A
  • 141-65-082A
Land Assessment
$27,409 CAD
Improvements Assessment
$0 CAD
Total Assessment
$27,409 CAD
  • Listing ID: 41896818

  • Date on Market: 2023-10-09

  • Last Updated:

  • Address: Learning Experience, Mesa, AZ 85205

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