This is a new 2026-construction, single-tenant childcare center leased to The Learning Experience on an original 20-year NNN lease running through March 2046. The 10,000 SF single-story building is fully sprinklered and sits on 1.37 acres with 47 parking spaces, 15 of them dedicated to pick-up and drop-off. Rent starts at $450,000 ($45.00/SF) and rises 12% every five years, with two additional 5-year options. That takes yield on cost to 7.84% in year 6, 8.78% in year 11 and 9.83% in year 16, with no landlord expense. The tenant pays taxes, insurance, utilities, maintenance and repairs. The landlord is responsible for structure only, on a new building with warranties in place. The franchisee is an established multi-unit operator. The lease also carries an rent guarantee from The Learning Experience Corp. TLE is the #1-ranked childcare franchise, with 450+ centers open and Golden Gate Capital backing. The site is at the signalized corner of Constitution Ave and Marksheffel Rd, which carries about 35,000 vehicles per day. It is next to a new King Soopers Marketplace, the #1 King Soopers in Colorado Springs with 1.6M annual visits, alongside Starbucks, Freddy's, Valvoline and AT&T. Within one mile, average household income is $121K, projected five-year population growth is 15.2%, and median home value is $455K. Banning Lewis Ranch, planned for 50,000+ homes is building out next door near Peterson Space Force Base.