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THE LEARNING EXPERIENCE | NEW 15-YEAR LEASE WITH EXTENDED CORPORATE GUARANTY

$4,950,704 | 7.10%

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N58W15453 Shawn Circle
Menomonee Falls, Wisconsin 53051

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Features

  • New Construction | Built-to-Suit for The Learning Experience in 2020
    • Rent Expected to Commence October 1, 2020
  • Brand New 15-Year Lease with 11 Percent Rental Increases Every Five Years
      • Two, Five-Year Option Periods, Also Features 11 Percent Rental Increases
  • Extended Corporate Guaranty
    • Lease Corporately Guaranteed by The Learning Experience Corporation
    • Longer Coverage Period than Many Other Corporately Guaranteed Locations
  • Double-Net Lease | Very Limited Landlord Responsibilities
  • Excellent Demographics
    • 39,400 People Live Within Three Miles of Subject Property
    • Average Household Income of $127,836 Within One Mile of Subject Property
    • One Mile from Kohl’s Corporate Headquarters
  • Situated on the Signalized, Hard-Corner Intersection of Pilgrim Road and Shawn Circle
    • 15,600 Vehicles Passing per Day on Pilgrim Road
  • Located One Mile from Kohl’s Corporate Headquarters
  • Ideal Community for Young Families
    • 25 Minutes from Downtown Milwaukee
    • Village has Led Region in Single-Family Home Construction for Past Four Years
    • Population Expected to Increase by 12 Percent by 2035
    • City Recognized as One of the Safest Places to Live in Wisconsin by Safe Home in 2017
  • It is Projected that the Revenue of Child Day Care Services in the United States Will Amount to Approximately $54.2 Billion by 2024
    • Nationwide, 60 Percent of the 24 Million Children Under the Age of Six Require Childcare

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Todd Lindblom

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