SRS Real Estate Partners announced today it has completed the $5.43 million sale of a newly developed The Learning Experience property located at 45690 U.S. Highway 27 in Davenport, Florida. The 10,000-square-foot (SF) building also features a 5,000-SF outdoor play area and is situated on 1.25 acres within a new retail development along one of Central Florida’s busiest corridors.
SRS Capital Markets Executive Vice President & Principal William Wamble and Senior Managing Principal Patrick Nutt represented the seller, a national CRE investment and development company. The buyer was a Central Florida-based private investor who was in a 1031 exchange.
Built in 2024, the property is backed by a 20-year lease with approximately 19 years remaining. The lease includes scheduled rental increases and multiple options to extend, providing the buyer with a long-term, management-free investment opportunity in an income tax–free state.
“Davenport continues to experience explosive growth, making this an outstanding location for long-term investment stability,” said Wamble. “The city’s population grew by 79.4 percent from 2020 to 2024 and has had an annual growth rate exceeding 10.5%. This level of expansion underscores the strength of the local economy and the demand for essential services like early education.”
The property is part of a larger retail development fronting U.S. Highway 27, just south of Champions Gate, Orlando’s premier tourist and commercial destination spanning more than 1,500 acres southwest of the Walt Disney World Resort. This high-visibility location benefits from strong traffic counts, excellent demographics, and proximity to a rapidly expanding residential base.
The Learning Experience is the nation’s fastest-growing academy of early education for children ages six weeks to six years old, with more than 600 centers open nationwide and many more in development. The school’s innovative curriculum and strong national footprint make it one of the most recognized and trusted names in early childhood education.
This year, SRS Capital Markets has completed more than $1.8 billion in deal volume comprised of more than 450 transactions across the nation. SRS currently has in excess of 845 properties actively on the market with a market value surpassing $3.7 billion.
About SRS Real Estate Partners
Founded in 1986, SRS Real Estate Partners is building upon its retail foundation to provide extensive commercial real estate solutions to tenants, owners, and investors. Headquartered in Dallas, with 29 offices in the U.S., SRS has grown into one of the industry’s most influential and respected leaders. Our commitment to excellence is strengthened by our Guarantee of Value and our success is measured in the achievement of our clients’ objectives, satisfaction, and trust. For more information, please visit srsre.com.