The Learning Experience
10,000 SF | Retail Building | Belmont, NC 28012 | $4,786,000 ($479/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $4,786,000
- Property Type
-
Retail
- Square Feet
- 10,000 SF
- Price / Square Foot
- $479
Listing Contacts
Mark Ruble
Verified Profile
Christopher Lind
Verified Profile
- Property Info
Property Overview
The Learning Experience ("TLE") is one of the fastest-growing early childhood education franchisors in the U.S. With more than 40 years of experience developing best-in-class childcare brands, the Weissman family founded TLE in 2002. Currently, TLE has roughly 600 centers open or under development.
Belmont is situated in Gaston County, North Carolina, roughly nine miles east of Gastonia and 11 miles west of Charlotte. Part of the Charlotte metropolitan area, Belmont is home to an estimated 15,000 residents. Belmont offers the small-city charm of historic homes and a historic downtown complete with arts, culture, shopping, and dining.
Belmont is situated in Gaston County, North Carolina, roughly nine miles east of Gastonia and 11 miles west of Charlotte. Part of the Charlotte metropolitan area, Belmont is home to an estimated 15,000 residents. Belmont offers the small-city charm of historic homes and a historic downtown complete with arts, culture, shopping, and dining.
Property Details
- Class
- B
- Year Built
- 2022
- Stories
- 1
- Property Subtype
- Day Care Facility/Nursery
- Lot Size (sq. ft)
- 51,836 SF
Highlights
- 13+ Years Remaining on Lease Term with Corporate Guaranty
- The Learning Experience is One of the Fastest-Growing Early Childhood Education Franchisors in the U.S. with 600 Centers Open or Under Development
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- 68,012 Residents within a 5-Mile Radius in the Charlotte MSA
- Households and Population Projected to Increase 11% in the Immediate Area by 2028
- Adjacent to South Point High School and the New $40M Belmont Middle School (1,675 Total Students)
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