Cap Rate
6.8%
Price Per SF
$515
Gross SQFT
10,000
Year Built
2025
Term Remaining
±20 YRS
NOI
$350,000
Property Type
Retail
ADDITIONAL LISTING AGENT
INVESTMENT HIGHLIGHTS
- PRIME TENANT – The Learning Experience (TLE) is a leader in early childhood education, providing essential childcare services for children ages 6 weeks to 6 years. TLE is one of the fastest growing education providers in the country with over 630 locations nationwide, making it a highly stable and recession-resistant tenant for long-term investors.
- LONG-TERM NNN LEASE – The property is secured by a 20-year NNN lease with TLE with 10% rental increases every 5 years, offering investors consistent and reliable cash flow with minimal landlord responsibilities. The lease structure includes a corporate guarantee as well as two, 5-year options to extend.
- NEW CONSTRUCTION – Set to be delivered in April 2025, this brand-new facility offers investors the opportunity to acquire a state-of-the-art, modern, childcare center with minimal near term capital expenditures. The property is built to meet the specific needs of TLE, ensuring operational efficiency and longevity.
- Phase 1 Development: This property is part of the initial phase of a retail development. A new shopping center is planned to follow shortly which will include additional retail, dining, and service options. This development will significantly increase foot traffic and create a community hub, further boosting the demand for childcare services in the area.
- STRATEGIC LOCATION IN THE DFW METROPLEX – Located within the – booming Dallas-Fort Worth metroplex, Kennedale offers easy access to major highways like I-20 and I-35, positioning The Learning Experience to serve a growing local population and benefit from the area’s expanding economy.
- STRONG MARKET DEMAND FOR EARLY EDUCATION – The early childhood education sector is growing rapidly with the market valued at $57 billion and expected to grow to $62 billion in the next five years. The demand for quality childcare services is expected to rise, particularly in fast-growing suburban areas like Kennedale, where more families are relocating due to affordable housing and proximity to employment centers in the Dallas-Fort Worth area.
- E-COMMERCE RESISTANT TENANT – As a brick-and-mortar service provider, The Learning Experience operates in an industry that is immune to the disruptions of e-commerce. Childcare services are a critical necessity that cannot be replaced by online alternatives, ensuring a stable, consistent demand for their offerings.
Broker of Record
- Patrick Graham
- License No. 9005919 (TX)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 8300 Douglas Ave.,
Ste. 750, Dallas, TX 75225