The Learning Experience OM / Tyngsboro, MA

LEARNING EXPERIENCE THE

CONFIDENTIAL OFFERING MEMORANDUM

81 WESTFORD ROAD TYNGSBORO

EXCLUSIVE SALES AGENT

www.naihunneman.com | www.waterfieldsir.com

RARE OPPORTUNITY To acquire a newly constructed, first-class property totaling 10,000 SF

WELL LOCATED

HIGHLIGHTS

INVESTMENT

The property is located in an affluent suburban community with favorable demographics and young, working families in need of high quality daycare

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EXECUTIVE SUMMARY

210% INCREASE IN 5 YEAR SYSTEM- WIDE REVENUE GROWTH

HIGH-QUALITY PROPERTY SOUGHT AFTER COMMUNITY FIRST RATE TENANT NAI HUNNEMAN AND WATERFIELD SOTHEBY'S INTERNATIONAL REALTY, ACTING AS EXCLUSIVE AGENT is pleased to offer for sale a 10,000 square foot building located in Tyngsboro, Massachusetts. The property is at the beginning of a long-term, full building lease to The Learning Experience daycare center and is accompanied by a 5,000 SF playground. The property is new construction with the highest level of interior finishes and safety features. It is set within an affluent, densely populated bedroom community that boasts strong demographics and working families in need of full-time day care. The area around the subject property also offers a strategic location in close proximity to a variety of amenities, major thoroughfares and public transportation.

45.5% COMPOUNDED 5 YEAR ANNUAL REVENUE GROWTH

300+ CORPORATE PARTNERS WHO REFER THEIR EMPLOYEES TO THE LEARNING EXPERIENCE

200+ CENTERS OPEN AND OPERATING

35+ CENTERS OPENING ANNUALLY

CREDIT TENANCY

FAVORABLE CAPITAL MARKET CONDITIONS Low interest rates and attractive lending terms

The building is on a long term lease to solid credit tenant (The Learning Experience)

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MARKET OVERVIEW

BOSTON

4.7 MILLION POPULATION

With the ninth-largest GDP in the country, and fifteenth-largest in the world, Metro Boston is an economic powerhouse and one of the nation’s centers for education, finance, tourism, healthcare, life sciences, and technology. The region is home to 12 Fortune 500 Companies; and some of its largest employers include Brigham and Women’s Hospital, Massachusetts General Hospital, John Hancock, Boston University, and Liberty Mutual. Greater Boston boasts a population of 4.7 million – ranking it one of the largest metropolitan areas in the United States. A vibrant history, numerous cultural attractions, five professional sports teams, and some of the best shopping in the world keep more than 15 million tourists coming to the metro area annually. The 80+ colleges and universities in the region are anchored by world-class institutions such as Harvard and MIT, and provide a large pool of talented young workers who remain attracted to the area’s burgeoning innovation economy, solid employment prospects, above-average wages, and amenities. As a worldwide leader in science and tech-based industries , the metro area continues to benefit from healthcare and biotech research and development. Armed with a strong entrepreneurial spirit and highly educated workforce, prospects for growth in Greater Boston are solid.

MEDICAL 30+HOSPITALS INCLUDING MASS GENERAL, RANKED #1 HOSPITAL IN THE U.S

TOURISM 15 MILLION VISITORS ANNUALLY

EDUCATION 94.5 COLLEGE STUDENTS PER 1,000 RESIDENTS

TRANSPORTATION 5 MILLION RESIDENTS & 175 TOWNS SERVICED BY THE MBTA LOGAN AIRPORT MAINTAINS 50 NON-STOP INTERNATIONAL FLIGHTS DAILY

VENTURE CAPITAL FUNDING $2.7 BILLION (YEAR-TO-DATE)

81 WESTFORD ROAD

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07

MARKET OVERVIEW

TYNGSBORO

DEMOGRAPHICS

1 MILE RING

3 MILE RING

5 MILE RING

2015 TOTAL POPULATION

2,184

24,331

101,841 37,762 18,780 25,958

2015 HOUSEHOLDS

929 462 639

8,801 4,790 6,244

2015 TOTAL POPULATION: 0 TO 14 YEARS

2015 FAMILY HOUSEHOLDS

2015 AVERAGE HOUSEHOLD SIZE 2015 HOUSEHOLD INCOME: MEDIAN

2.7

2.7

2.7

$105,399

$92,796

$80,786

The Town of Tyngsboro is a small residential community located in the Northwest section of Middlesex County, Massachusetts. Composed of 17.86 square miles of land and surface water, Tyngsboro borders the towns of Dunstable, Groton, Westford, Chelmsford, Dracut, the City of Lowell, as well as the State of New Hampshire communities of Hudson, Pelham, and the City of Nashua. Tyngsboro is 44 miles northwest (71 km) from Boston along the recently widened Route 3 corridor. Primarily a residential community, the town is home to Allied Waste Management, Beacon Power and Piconics as well as a growing number of technology-based companies. The town calls itself ‘The Gateway to the White Mountains’ of New Hampshire, which is the source of the Merrimack River that bisects the town. To date the town population is 11,673 but has experienced a tremendous burst in residential construction in the last decade as part of Greater Boston while keeping its rural charm. Tyngsboro enjoys a strategic position in the Merrimack Valley between major commercial nodes in Lowell, MA and Nashua, NH.

TYNGSBORO

TYNGSBORO ELEMENTARY SCHOOL

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MARKET OVERVIEW

ACADEMY OF NOTRE DAME HIGH SCHOOL

81 WESTFORD ROAD

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THE LEARNING EXPERIENCE OVERVIEW

• Started in 2003, now has over 200 LOCATIONS • Average tuition of $860 a month • On the Forbes list of best franchises to buy • An Inc. Top 500 fastest growing private company • Entrepreneur Magazine Top 500 • TLE revenue has grown 210% over the past five years

PROPERTIES OVERVIEW

ADDRESSES:

81 Westford Road, Tyngsboro

WINDOWS:

Non-operable insulated safety glass

LEASE TERMS:

40 years with a 40 year option (Tyngsboro only).

FLOORS:

VCT and carpet

ROOF:

25 year Arch Singles

LAND AREA:

1.4 Acres

HEAT AND HOT WATER: Forced hot air, gas

PLAYGROUND:

5k Vinyl / Astro Turf Playground

HVAC:

5 roof top Trane units

YEAR BUILT:

2016

PARKING:

At least 50 surface spaces

BUILDING SIZE:

10,000 SF

FIRE ALARM SYSTEM:

Vector Security national monitoring

CONSTRUCTION:

Single story wood frame, Hardie Board Siding

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MARKET OVERVIEW

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MARKET OVERVIEW

LEARNING EXPERIENCE THE

INVESTMENT SERVICES

ELLIOTT WHITE NAI Hunneman Assistant Vice President 617.457.3355 ewhite@naihunneman.com

KENNETH LEVA Waterfield Sotheby's International Realty

The Leva Group 978.877.8194. kenneth.leva@sothebysrealty.com

www.naihunneman.com | www.waterfieldsir.com

Disclaimer: Information included or referred to herein is furnished by third parties and is not guaranteed as to its accuracy or completeness.  You understand that all information included or referred to herein is confidential and furnished solely for the purpose of your review in connection with a potential purchase of the subject property. Independent estimates of pro forma income and expenses should be developed by you before any decision is made on whether to make any purchase.  Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather only outline some of the provisions contained therein and are qualified in their entirety by the actual documents to which they relate.  The asset owner(s), their servicers, representatives and/or brokers, including but not limited to NAI Hunneman and their respective agents, representatives, affiliates and employees, (i) make no representations or warranties of any kind, express or implied, as to any information or projections relating to the subject asset(s), and hereby disclaim any and all such warranties or representations, and (ii) shall have no liability whatsoever arising from any errors, omissions or discrepancies in the information.  Any solicitation for offers to purchase the subject asset(s) is subject to prior placement and withdrawal, cancellation or modification without notice.

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