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The Learning Experience 2016 Middleton Farm Dr

10,000 SF Retail Building Belmont, NC 28012 £3,768,114 (£377/SF) 7% Net Initial Yield

Investment Highlights

  • 13+ Years Remaining on Lease Term with Corporate Guaranty
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Households and Population Projected to Increase 11% in the Immediate Area by 2028
  • The Learning Experience is One of the Fastest-Growing Early Childhood Education Franchisors in the U.S. with 600 Centers Open or Under Development
  • 68,012 Residents within a 5-Mile Radius in the Charlotte MSA
  • Adjacent to South Point High School and the New $40M Belmont Middle School (1,675 Total Students)

Executive Summary

The Learning Experience ("TLE") is one of the fastest-growing early childhood education franchisors in the U.S. With more than 40 years of experience developing best-in-class childcare brands, the Weissman family founded TLE in 2002. Currently, TLE has roughly 600 centers open or under development.
Belmont is situated in Gaston County, North Carolina, roughly nine miles east of Gastonia and 11 miles west of Charlotte. Part of the Charlotte metropolitan area, Belmont is home to an estimated 15,000 residents. Belmont offers the small-city charm of historic homes and a historic downtown complete with arts, culture, shopping, and dining.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Centre
Building Size
10,000 SF
Building Class
B
Year Built
2022
Price
£3,768,114
Price Per SF
£377
Net Initial Yield
7%
NOI
£263,752
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.19 AC

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

The Learning Experience® is one of the most trusted brands in the childcare space. Founded by the Weissman family in 2002 with a passion for early childhood education and a unique approach that drives learning and development through the eyes of a child, TLE has been dedicated to providing excellence in early education and childcare for more than 20 years! The Weissman family have been developing best-in-class childcare brands for more than 40 years, establishing hundreds of centers across the globe that make children happy to learn, play, and grow! Through philanthropic efforts, innovation in curriculum and technology, and more, the Weissman family is forever dedicated to the TLE mission.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
302315
Land Assessment
£428,523
Improvements Assessment
£1,110,759
Total Assessment
£1,539,281
  • Listing ID: 31867557

  • Date on Market: 20/05/2024

  • Last Updated:

  • Address: 2016 Middleton Farm Dr, Belmont, NC 28012

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