7950 State 78 hwy - The Learning Experience - Dallas, TX MSA
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7950 State 78 hwy - The Learning Experience - Dallas, TX MSA
10,000 SF Specialty Building Offered at $5,454,545 at a 7.15% Cap Rate in Sachse, TX 75048
Investment Highlights
- Best-in-Class Operator & Fastest-Growing Childcare Concept in the US - Concept in the US 630+ Centers Open, Planned or Under Development
- 15-Year NNN Lease with Minimal Landlord Responsibilities & 10% Rental Increases Every 5 Years
- Excellent Average HH Income of $161k+ in a 1-Mile Radius is Expected to Rise 16.17% by '29
- Brand New 2024 Construction, Surrounded by Residential, Retail and Industrial Corridors
- Population Counts Exceed 191k in a 5-Mile Radius, and are Projected to Grow 4.65% by '29
- $613M+ Spent on Education & Daycare in a 10-Mi Radius
Executive Summary
Northmarq is pleased to exclusively offer for sale this brand new 2024 construction, single-tenant property operating as "The Learning Experience" in Sachse, Texas. The tenant has signed a 15-year NNN lease with minimal landlord responsibilities, 10% rental increases every 5 years and a corporate guaranty from The Learning Experience. The Learning Experience is the fastest-growing childcare franchise in the U.S. with over 630 locations open, planned or under development across 22 states and internationally. TLE is featured on Entrepreneur Magazine’s Top 500 Franchisee list, ranked #1 in their category, and featured in Franchise Business Review’s “Best of the Best” list in 2019’s Top 200 franchises.
The property is located off S State Highway 78 (32,370 VPD) and surrounded by residential, retail and industrial corridors. Nearby national tenants include a Walmart Supercenter, Lowe's Home Improvement, Sprouts Farmers Market, Hobby Lobby, Chick-fil-A, Target, Kohl's, Home Depot, TJ Maxx & HomeGoods amongst many others. This property is strategically located to be a go-to daycare provider for nearby residents and no more than a 5-minute drive from three nearby elementary schools. The area boasts an excellent 1-mile average household income of $161k+ (projected to grow by 16.17% by '29) and population counts of 191K+ within a 5-mile radius of the property.
The property is located off S State Highway 78 (32,370 VPD) and surrounded by residential, retail and industrial corridors. Nearby national tenants include a Walmart Supercenter, Lowe's Home Improvement, Sprouts Farmers Market, Hobby Lobby, Chick-fil-A, Target, Kohl's, Home Depot, TJ Maxx & HomeGoods amongst many others. This property is strategically located to be a go-to daycare provider for nearby residents and no more than a 5-minute drive from three nearby elementary schools. The area boasts an excellent 1-mile average household income of $161k+ (projected to grow by 16.17% by '29) and population counts of 191K+ within a 5-mile radius of the property.
Property Facts
Price | $5,454,545 | Property Subtype | Schools |
Price Per SF | $545 | Lot Size | 1.40 AC |
Sale Type | Investment | Building Size | 10,000 SF |
Cap Rate | 7.15% | No. Stories | 1 |
Property Type | Specialty | Year Built | 2024 |
Price | $5,454,545 |
Price Per SF | $545 |
Sale Type | Investment |
Cap Rate | 7.15% |
Property Type | Specialty |
Property Subtype | Schools |
Lot Size | 1.40 AC |
Building Size | 10,000 SF |
No. Stories | 1 |
Year Built | 2024 |
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PROPERTY TAXES
Parcel Number | R-10934-00A-0030-1 | Improvements Assessment | $918,270 |
Land Assessment | $2,492,068 | Total Assessment | $3,410,338 |
PROPERTY TAXES
Parcel Number
R-10934-00A-0030-1
Land Assessment
$2,492,068
Improvements Assessment
$918,270
Total Assessment
$3,410,338
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7950 State 78 hwy - The Learning Experience - Dallas, TX MSA
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