The Learning Experience 8330 Elk Grove Florin Rd 9,990 SF Retail Building Elk Grove, CA 95624 £5,082,932 (£508.80/SF) 6.50% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Now Open and Operating, New Construction Corporate The Learning Experience: New 17-year lease
- Accessible From Two Signalized Intersections: Elk Grove Florin Rd and Calvine Rd, the Busiest Retail Intersection in Elk Grove (67,000 CPD)
- Best In-Class Operator: Operated by the largest TLE franchisee in the chain with over 20 locations who recently purchased the business in 2024
- Dense, High-Growth, Affluent Demos That are Ideal for a Child Learning Center: Over 295,000 people within a 5-mile radius of subject property
EXECUTIVE SUMMARY
Rare Corporate Guaranty Structure | New Construction | Affluent $110,000 AHHI Sacramento Suburb
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,990 SF
Building Class
B
Year Built
2022
Price
£5,082,932
Price Per SF
£508.80
Net Initial Yield
6.50%
NOI
£330,251
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
0.99 AC
Zoning
RD-20
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 115-2040-001 | Improvements Assessment | £993,656 |
| Land Assessment | £397,615 | Total Assessment | £1,391,271 |
