Memphis, TN 38125

La Petite Academy

Property Address

8037 Meadow Vale Drive, Memphis, TN, USA

Offering Summary

  • Price: $1,042,758
  • Lot Size: 1.02 Acres
  • Year Built: 1991
  • Building SF: 8,025
  • Status: Closed
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  • Absolute Triple-Net (NNN) Lease with Recent Five Year Extension
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,050 Schools Across 11 Brands
  • Long Term Occupancy, Showing Commitment to Site - Tenant has Operated at the Site for 32 Years
  • 153,561 Residents within a Five-Mile Radius - Growing Memphis Trade Area
  • Average Household Income Exceeds $99,000 within Five Miles of the Site
  • Signalized Hard Corner Location with More Than 37,180 Cars per Day Along Hacks Cross Road
  • Walking Distance from Southwind Elementary School and Southwind High School
  • Five Minutes from a Dense Retail Corridor - Costco, Lowe's, Walmart, Kroger, and More

Broker Information