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2601 Educational Ln 10,000 SF Retail Building Manasquan, NJ 08736 $5,100,000 ($510/SF) 6.37% Cap Rate
Executive Summary
10,000 SF | Long-Term NN Lease | 6.37% Cap | Built-In 12% Rent Increase
Investment Summary
The Brokers Network is pleased to present the opportunity to acquire a single-tenant The Learning Experience located in Manasquan, NJ.
Price: $5,100,000
Current NOI: $324,800
Cap Rate: 6.37%
Future NOI (12% Increase): $363,776
Pro Forma Cap After Increase: 7.13%
Lease Type: NN
Building Size: 10,000 SF
Occupancy: 100%
Investment Highlights
Long-Term NN Lease
Tenant is responsible for taxes and insurance, providing predictable income with limited landlord responsibilities.
Experienced Multi-Unit Franchisee
Operated by a seasoned, multi-location franchisee of The Learning Experience, reducing operational risk and enhancing credit profile.
Contractual 12% Rent Increase
A 12% increase scheduled in approximately three years provides built-in NOI growth and natural hedge against inflation.
Defensive, Recession-Resilient Asset Class
Early childhood education has historically demonstrated stable demand driven by dual-income households and strong local demographics.
Affluent Monmouth County Location
Located in desirable Manasquan, NJ within Monmouth County: an affluent coastal market with strong household incomes, high home values, and consistent family demand.
Location Overview
The property benefits from strong surrounding residential density and proximity to key commuter corridors serving the Jersey Shore and Central New Jersey markets. The area’s affluent demographics and high concentration of working families support sustained enrollment demand.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
The Learning Experience® is one of the most trusted brands in the childcare space. Founded by the Weissman family in 2002 with a passion for early childhood education and a unique approach that drives learning and development through the eyes of a child, TLE has been dedicated to providing excellence in early education and childcare for more than 20 years! The Weissman family have been developing best-in-class childcare brands for more than 40 years, establishing hundreds of centers across the globe that make children happy to learn, play, and grow! Through philanthropic efforts, innovation in curriculum and technology, and more, the Weissman family is forever dedicated to the TLE mission.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 52-00893-06-00049-05 | Improvements Assessment | $546,400 |
| Land Assessment | $222,400 | Total Assessment | $768,800 |
Property Taxes
Presented by
2601 Educational Ln
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