•	The building is 100% occupied by Creative Learning dba the Einstein School and Hail strike
•	Creative learning currently has 6 years remaining on their initial lease with 1 (5-year) option to extend, demonstrating their commitment to the site
•	The lease features annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation
•	Hail Strike currently has 3 years remaining on their lease
•	The lease features a 3% annual rental increases throughout the initial term, growing NOI and hedging against inflation
•	Creative Learning will assume Hail Strike’s initial lease once it is completed in March of 2028
•	This asset is grandfathered into being a storm shelter, making it an irreplaceable location for any school (2016, a law was passed which required new schools to be built with storm shelters)
•	Tenants are paying a below market rent of $18 PSF vs $30 PSF
•	Einstein educators offer personalized attention, encouraging students to question, observe, analyze, and explore possibilities through inquiry-based learning

Offering Memorandum

•	The site is ideally located in a dense retail corridor, with numerous nearby national/credit tenants including Walmart Supercenter, Sam’s Club, Anytime Fitness, Autozone, Lowe’s, Discount Tire, and many more
•	Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site
•	The subject property is located just down the street from Medical City Plano, a 603 bed regional hospital, which increases consumer traffic to the area

Plano, TX - The Einstein School

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Off Market

Plano, TX - The Einstein School

Description

Location

Contact

Jaime Salazar

Patrick Nutt

William Wamble