National Tenant PAYS LIKE CLOCK WORK!! – Just Renewed for five years w/ another 5 year renewal option!! La Petite Academy,is a subsidiary of Learning Care Group. Morgan Stanley holds a 60% stake in the Learning Care Group. True NNN Investment with established Solid National Tenant . La Petite Academy is a Day Care which has been established in this space since 1991. This is a true NNN investment – all expenses are passed through and paid directly by the tenant. Owner just sits back and collects rent. Base Rent is $72,777.60 plus percentage rent of 4% over break of $425,000. Sales continue to improve back to old trendline.
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