13+ Years Remaining with 12.00% Increases Every 5 Years
– The Learning Experience signed a new 15-year lease at the subject property in 2023.
– The lease has no day-to-day landlord responsibilities and offers 12.00% increases every five years throughout the base term.
– In addition to the 15-year base lease term, the tenant has two, five-year options to renew with the same rent increase structure annually.
Multi-Unit Franchisee for The Learning Experience – Operating at 97% of Capacity
– As of year-end 2024, this location was performing at 97% of capacity (147/152)
– The franchisee is a multi-unit operator for The Learning Experience and were recently awarded the Chairman’s Award of Excellence—the highest distinction a franchisee can receive at The Learning Experience franchise conference, held annually.
Nashville MSA – 500%+ Population Growth Since 2000
– Spring Hill, located just 35 miles south of Nashville, is a rapidly expanding suburban city within the Nashville Metropolitan Statistical Area (MSA).
– Known as the epicenter of country music, the Nashville metro contains a population of about two million within 14 counties.
– The population will increase at a faster pace than the nation over the next five years.
Over $61,000,000 Spent on Education and Daycare in a 5-Mile Radius
– A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
– Participants in early childhood programs are more likely to enroll in college and potentially experience higher earnings in adulthood.
Demand For Child Care Remains Extremely Strong
– The U.S. child care market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
– The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding.
– The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021.
– Families in the U.S. are willing to spend more on child care services, indicating the high service demand in the U.S.
