Description

2031 Meadow Ln is a 10,087 SF retail property at 2031 Meadow Lane in Pewaukee, WI 53072, occupied by The Learning Experience. Built in 2024, the property offers an investor a childcare tenancy backed by a corporate guaranty.

The 2024 build-to-suit property sits on 0.99 acres and has 24 parking spaces. Its site plan includes fenced play areas and a monument sign, features that support the tenant’s early education operation. The Learning Experience has 17+ years remaining in its base lease term, with 11% rent increases every 5 years and two 5-year options. The tenant’s parent company guarantees the lease, adding a distinct layer to the investment’s income profile.

The property sits just off the Interstate 94 interchange, where the surrounding trade area includes Metro Market, Walgreens, CVS, Starbucks, Culver’s, and Panda Express. Downtown Pewaukee is 4.3 miles from the property, while GE HealthCare’s campus is 1 mile away. These nearby retailers and employment activity give an investor a concrete picture of the setting in which the childcare operation serves families.

The asking price is $5,485,000, with $438,785 in NOI and an 8% cap rate. The corporate NNN lease places CAM, property taxes, insurance, utilities, HVAC, and repairs and maintenance with the tenant; the landlord retains roof and structural responsibility, with a 20-year roof warranty in place. For a buyer focused on the duration and structure of income, the remaining term and scheduled increases are central to the offering. Explore the Offering Materials for a closer look at the investment.