This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3501 N 9th St
Broken Arrow, OK 74012

The Learning Experience · Retail Property For Sale

Investment Highlights

  • 20-year absolute NNN lease to The Learning Experience with 12% rental increases every five years
  • The Learning Experience was ranked the #1 Childcare Franchise and #43 overall on Entrepreneur Magazine’s Top 500 Franchise List
  • Operating for over 40 years, The Learning Experience has become the nation’s fastest-growing childcare franchise with 600+ company-owned and franchise
  • An e-commerce resistant and growing industry, the U.S. child care market size was valued at $59.87B in 2023 and is expected to surpass around $88.22B

Executive Summary

The property is positioned along South Lynn Lane Road / South 177th East Avenue with access to more than 16,000 vehicles per day directly in front of the property.
This new day care facility is located near a plethora of single and multi-family developments and communities, including Stonegate, Country Lane Estates, Fairway Park, Park at Mission Hills (594 units), and Greens At Broken Arrow Apartments (708 units).
Located within a mile of Country Lane Primary School, Country Lane Intermediate School, Centennial Middle School, and Creekwood Elementary School (combined enrollment count of 3,100+ students).
Less than three miles from Ascension St. John Broken Arrow (approx. 700 employees), adding to the site’s built-in customer base.
This site is directly adjacent to Nienhuis Park and Nienhuis Park Community Center, which offers recreational activities for youth, children, adults and seniors.
145,034 residents live within 5 miles of the site, creating a stable customer base for the site. High average annual household income of $116,199 within one mile of the property.
The property is a new, high-quality 2023 construction built to The Learning Experience’s latest prototype and features a 5,000-square-foot outdoor playground built with a FEMA-rated storm shelter.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
C
Year Built
2023
Price
$5,215,000
Price Per SF
$522
Cap Rate
7%
NOI
$365,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.80 AC
Parking
36 Spaces (3.6 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
99436-94-36-06127
Land Assessment
$9,449
Improvements Assessment
$0
Total Assessment
$9,449
  • Listing ID: 32730851

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 3501 N 9th St, Broken Arrow, OK 74012

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}