2605 Research Park Dr - Freestanding FOR SALE


Fitchburg, WI 53711
$5,960,000 USD
949-903-3399
2605 Research Park Dr, Fitchburg, WI for Sale
$5,960,000 USD
Freestanding - FOR SALE
1/6
null | 7.3% Cap Rate

2605 Research Park Dr
Fitchburg, WI 53711


HIGHLIGHTS

  • Just Opened April 2024 - Brand New 20 Yr. Corp Lease by Learning Experience - Best in Class Brand
  • Dense Residential Site Surrounded by Several Schools and Commercial Office Bldg. Trade Areas
  • Largest Corporate Guarantee in the Market ($1M) - Subsidiary of Golden Gate Capital ($20B+) CAP
  • Affluent Suburb of Madison ($165,024 HHI) - “Best Place to Live in the Midwest” 2023
  • Brand New 2024 Prototype with Play Yard - 11% Rent Bumps - 20 Yr. Roof Warranty - Strong Enrollment
  • Nation’s Fastest Growing Brand! - “Annual Franchise Top 500 List” - #1 Ranked Childcare Brand

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a single tenant triple net leased investment that is fully occupied by The Learning Experience in Fitchburg, WI. The Learning Experience, one of the Nation’s leaders in early education, is ranked no. 32 on Entrepreneur’s Franchise 500 for 2024, was ranked no.1 Childcare Franchise in 2023, and has over 500 locations in operation or under development across the United States. The brand new corporate guaranteed lease has a 20-primary term, two 5-year option period, 11% rent increases every 5 years and no landlord responsibilities providing inflation resistant cash flows for years to come. Located within the Madison MSA (population exceeding 680,000), the subject property is strategically positioned on the hard corner of Nobel Drive and Research Park Drive and is only 20 minutes from downtown Madison. The new construction 10,000 SF building on 1.75-acre parcel includes a 5,000 SF play area, 40 parking spots and multiple points of ingress/egress.

FOR SALE DETAILS

PRICE

$5,960,000 USD

PRICE/SF

$596 USD /SF

CAP RATE

7.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience - New Construction

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.79 AC

LAND SF

78,170 SF

ZONING

G4

APN/PARCEL ID

0609-161-6715-2

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Eric CarltonColliersMore Info
949-903-3399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.