$6,222,000 USD
713-577-1638
11624 Anderson Mill rd
Austin, TX 78750
Anderson Mill
HIGHLIGHTS
- The new 16-year lease commenced in December 2024, allowing investors to capitalize on nearly the entire lease term which includes (2) 5-yr options.
- TLE is the nation’s fastest-growing Academy of Early Education for children ages six weeks to six years old, opening 50 new locations in 2024.
- Completed in October 2024, the Property provides investors with the opportunity to acquire a new Class A asset with low future capital expenditures.
- Nearly 40% of the population within a 5-mile radius is between ages of 20 and 44, the target range of families with young children.
- Residents in the area earn an average household income of approximately $160,000 yearly and nearly 64% have attained a bachelor’s/more advanced degree
- Located 25 minutes from Downtown Austin, the area within a 5-mile radius of TLE is home to nearly 186,000 residents and 12.2MSF of commercial space.
FOR SALE DETAILS
PRICE
$6,222,000 USD
PRICE/SF
$622 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.87 AC
LAND SF
81,457 SF
ZONING
-
APN/PARCEL ID
R413805
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713-577-1638
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Please correct the highlighted field(s).
713-577-1638
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