8829 New Falls Rd

NAI James E. Hanson is pleased to present on an exclusive basis for sale, The Learning Experience (“TLE”) located at 8829 New Falls Road, Levittown (Falls Township), Bucks County PA 19054 (“Property”). Opened in 2014, Property is a freestanding 11,000 SF child daycare center located on a bucolic 1.32 acres that is double-net leased to the TLE franchisee. There are approximately five (5) years remaining on the base term of the lease and the Tenant has two 5-year options to extend the lease featuring 10% rent increases for each option term. The Property is located in Levittown, a census-designated place (CDP) and planned community within Falls Township. The neighborhood is a sought-after bedroom community with a highly rated public school system, Pennsbury School District. The neighborhood is ideal for families, there are 5,520 children aged 0-6 years, an average household income of $121,289 and over 13,000 families earning in excess of $100,000 within 3 miles of the Property.