The Learning Experience (Nashville MSA)

NEW 2020 CONSTRUCTION | LONG-TERM LEASE
This asset is expected to be completed by 12/15/2020 and features The Learning Experience’s most modern facade. Upon delivery, this investment will feature a brand new 15-year NN lease with 12% rental escalations every 5 years, providing investors with long-term income and a built-in inflation hedge.

CORPORATE GUARANTEE BY INDUSTRY-LEADING TENANT | 300+ LOCATIONS
This investment is secured by The Learning Experience, one of the nation’s largest and fastest-growing childcare Franchises, with over 300 locations operating or under development. The lease features a stronger corporate guarantee than is present in most TLE leases. The landlord is entitled to $750,000 in rent coverage for the first 5 years of the lease. In each subsequent year, the coverage amount drops by $100,000. Ultimately, the landlord receives 12.5 total years of corporate backing.

NASHVILLE MSA | HEALTHCARE INDUSTRY CAPITAL | CORPORATE HUB
This asset is located within the Nashville MSA, one of the largest MSAs in the U.S. with a population of over 1.9 million. Outside of the massive tourism industry bringing in over 16 million visitors annually, Nashville is considered one of the most desirable headquarters and corporate office locations in America. Companies such as Amazon, SmileDirectClub, and Nissan are growing and newly establishing a presence in the area. Additionally, Nashville is the Healthcare Industry Capital of the U.S.

#1 RANKED MSA FOR ECONOMIC STRENGTH
According to POLICOM Corporation, Nashville MSA ranked #1 overall in economic strength. The Nashville MSA area has enjoyed consistent economic growth for a very long time due to its diversified economy and desirability.

HIGH GROWTH MARKET | EXCELLENT DEMOGRAPHICS
The Franklin market consists of a highly affluent and rapidly growing demographic. Franklin is the 15th fastest growing city in the nation and Williamson county is the 12th richest area in the U.S. Within a 5-mile radius of the asset there is a population of 81,449 with an expected growth rate of 2.70% and median income of +/- $104,244.

SITUATED OFF U.S. 31 | 22,000 VPD
The subject location is located off U.S. 31, a major highway system with +/- 22,000 VPD.

DENSE RETAIL TRADE AREA
This asset is positioned within a dense retail trade area with national retailers including Target, Tractor Supply Co., Kroger, Chick-fil-A, Advance Auto Parts, and Starbucks.

WALKING DISTANCE TO TWO APARTMENT COMPLEXES
This subject property is located within walking distance to two large apartment complexes. Those complexes include Greenhaven Apartments (222 units) and Grove at Shadow Green Apartments (196 units).

PROXIMITY TO DOWNTOWN FRANKLIN
This The Learning Experience site is located just 2 miles from Downtown Franklin. This downtown offers elegant shopping, restaurants, antique shops, a variety of clothing stores, art galleries, professional services, and much more, providing this property with an extensive customer base.

INCOME TAX-FREE STATE
Investors will benefit from the personal income tax-free environment that Tennessee offers. Additionally, the City of Franklin maintains a very low property tax of .4176 cents per $100 of assessed value compared to the $4.221 per $100 of assessed value recently approved in Nashville’s urban areas.