The Learning Experience - Syracuse MSA

The property is strategically located on Park Ridge Path, just off Oswego Road (NY-57) in the Liverpool/Clay corridor, one of Syracuse’s most established suburban markets. The surrounding area features established residential neighborhoods, strong daily-needs retail, and convenient access to I-481, I-81, and NY-31. Oswego Road carries more than 16,000 vehicles per day, providing strong exposure and accessibility. The site is less than four miles from Micron’s planned $100 billion semiconductor manufacturing campus in Clay, one of the largest private investment projects in New York State history. With construction underway and major development activity expected to accelerate through 2027, the project is anticipated to bring thousands of construction workers to the area, approximately 9,000 direct Micron jobs, and up to 50,000 additional regional jobs over the next two decades. This significant investment is expected to drive continued employment growth, residential demand, and population expansion throughout the surrounding market, positioning the property to benefit from long-term demand for quality early education and childcare services.Build-to-suit, single-tenant net lease investment featuring a 10,000 SF The Learning Experience (TLE) early education center under development at 8233 Park Ridge Path in Liverpool, NY, with delivery anticipated in Q3 2027. The property is offered at a 7.00% cap rate based on $435,000 in annual NOI and is secured by a new 20-year lease with a limited corporate guaranty, 8% rent increases every five years, and two additional five-year renewal options. The tenant is responsible for taxes, CAM, and insurance, with landlord responsibilities limited to roof and structural components. The facility will be constructed to TLE’s current prototype on 1.5 acres and will feature a dedicated outdoor playground and ample on-site parking. Located in the Liverpool/Clay submarket, the property is positioned just minutes from Micron’s planned $100 billion semiconductor development, one of the largest private investment projects in New York State history.