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The Learning Experience 3547 McHard Rd 10,000 SF Retail Building Pearland, TX 77581 $3,450,000 ($345/SF) 8.51% Cap Rate
Executive Summary
Inflation Hedge | 10% Rent increases every 5 years
No State Income Tax State | Texas is a no state income tax state
Established Location | TLE has been operating at this location since 2017 with strong occupancy rates
Outstanding Demographics | $157,735 average household income in 1-mile radius
Dense Population | Over 205,000 residents in a 5-mile radius
Strategically Located | Adjacent to Barbara Cockrell Elementary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Health Care and Social Assistance
- -
- -
- -
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 End | ||
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Health Care and Social Assistance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 0076-0021-110 | Improvements Assessment | $1,656,440 |
| Land Assessment | $304,560 | Total Assessment | $1,961,000 |
Property Taxes
