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The Learning Experience 1645 Greenridge Dr 10,000 SF Retail Building Burleson, TX 76028 $5,987,000 ($598.70/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate 16-Year Triple-Net Lease With 10% Rental Escalations Every 5 Years
- Roundabout Access to SW Wilshire Boulevard (41,422 VPD) and NW John Jones Drive (17,241 VPD)
- 97,213 Residents and $111,042 Average Household Income Within 5 Miles
- New Construction - 1.28 Acre Parcel
- Adjacent to Multiple Power Centers Anchored by Target, H-E-B, Kroger Marketplace, and Sprouts
- Strong Daytime Population of 75,136 with School and Office Density (5-Mile Radius)
EXECUTIVE SUMMARY
Offered for sale is the opportunity to acquire a triple-net lease The Learning Experience in Burleson, TX. The property consists of a 10,000-square-foot, freestanding building that sits on approximately 1.28 acres of land. There are 16.1 years remaining on the lease with 10% rental increases every 5 years. Recently completed, the tenant opened to the public on October 8th 2025.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
B
Year Built
2024
Price
$5,987,000
Price Per SF
$598.70
Cap Rate
7.35%
NOI
$440,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.28 AC
Zoning
C2
AMENITIES
- Fenced Lot
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
1 of 5
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The Learning Experience | 1645 Greenridge Dr
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