Northmarq is pleased to exclusively offer for sale this brand new, 2025-construction, single-tenant property operating as "The Learning Experience" located in Grand Prairie, Texas.
The tenant has signed a 16-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 with over 630 locations open, planned or under development across 22 states and internationally. The property is located between S State Highway 161 (6k+ VPD) & I-20 (199k+ VPD) and surrounded by residential, retail and industrial corridors. Nearby national tenants include an IKEA, Bass Pro Shops, Hobby Lobby, Kohl's, Petco, Walmart Supercenter, Sam's Club and Kroger amongst many others. This property is strategically located to be a go-to daycare provider for nearby residents and no more than a 15-minute drive from eight nearby elementary schools. The area boasts an excellent 1-mile average household income of $102k+ (projected to grow by 16.66% by '29) and population counts of 268K+ within a 5-mile radius of the property.