33043 Egypt Ln
Magnolia, TX 77354
Retail Property For Sale

Marcus & Millichap is pleased to present for sale The Learning Experience (TLE) in The Woodlands, TX. The 10,800 square foot building is ideally located on the west side of The Woodlands, one of the top master planned communities in the USA. The property is located at the corner of Research Forest and Egypt Lane, in a Target anchored power center at the nexus of FM 1488 and FM 2978. This location straddles the border between The Woodlands and the rapidly growing city of Magnolia. The average household income exceeds $160,000. Commercial development opportunities are limited because The Woodlands is a master planned community with extremely tight control of the market, insuring that there is a constant demand for commercial buildings in the area. The Learning Experience has 12 years remaining on a 15-year lease that features two 5-year options. Additionally, the lease offers 10% increases every 5 years in the base term as well as the option periods. This cumulative rent growth insures the investor’s return will keep pace with inflation. The Learning Experience has over 250 locations across the country with dozens more being strategically developed at this time. The real estate was selected due to high existing demand, strong household income, population density, and ongoing demand. The child care industry is forecast to increase revenue at a 3.4% annual rate to an impressive $62.1 Billion industry. Nationwide, over 60% of the 24 million children under the age of six require child care as demographics continue the long standing trend of dual-income households. The Learning Experience has been in the industry for more than 30 years with revenue growing by 210% over the past 5 years alone.