NNN Pro is pleased to present the exclusive listing for the Learning Experience property located at 11 Shaker Road in Enfield, Connecticut. The site consists of roughly 10,000 rentable square feet of building space on estimated 2.27-acre parcel of land. This Learning Experience is subject to a 20-year lease, which expires in June 2042. The current annual rent is $372,500 and is scheduled to increase by 12% every 5 years throughout the base term and in the 5-year renewal option.
About the Investment:
✓ Long-Term, 20-Year Net Lease | Brand New 2022 Construction
✓ Best in Class Guaranty Structure | $1,000,000 Guaranty Cap from TLE Corporate
✓ Strong Twelve Percent (12%) Rental Increases Occurring Every Five (5) Years
✓ Above Market Lease Term and Guaranty from TLE Corporate is Due to their Dedication Towards the Market and this Location
✓ The Operator of this Location Won the 2022 Top Franchisee for the Entire TLE System
✓ Successful Operator with Six Locations in the Greater Hartford Market!
