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The Learning Experience | New 15 Yr Corp NN 1288 E 15th St

10,000 SF Retail Building Edmond, OK 73013 $7,366,521 CAD ($737 CAD/SF) 7.26% Cap Rate

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INVESTMENT HIGHLIGHTS

Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Guaranteed Lease | 2023 Construction
Dense Trade Area | Major Surrounding Shopping Centers | Strong Tenant Presence | Nearby Elementary Schools
Direct Residential Consumer Base | Affluent Community |Demographics in 5-mile Trade Area

NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Located Along 15th Street | Centralized Location | 2023 Construction | Outdoor Playground | Excellent Visibility

EXECUTIVE SUMMARY

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) on a NN leased, corporate guaranteed, newly built, The Learning Experience investment property located in Edmond, OK (Oklahoma City MSA). The tenant, TLE at Edmond, LLC, recently signed a brand new 15-year lease with 2 (5-year) options, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation. The lease is guaranteed by the corporate entity and is NN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Founded in 1980, The Learning Experience is among the leading providers in early childhood education and daycare with over 450 centers in operation.