Bull Realty Brokers $3.1 Million “Learning Experience” in Jacksonville

ATLANTA - Feb. 10, 2016 - PRLog -- Bull Realty brokered the sale of a Learning Experience in Jacksonville, Florida. The sale closed on Feb. 1, 2015 for $3.1 million at a 7.7% cap rate. The property is a 10,000 SF single tenant net lease investment.

The Learning Experience, a child care provider founded in Florida in 1980, has locations nationwide and is the fastest growing child care franchise in the U.S.

Michael Bull, CCIM, Nancy Miller, SVP and Will Jackel, VP, with the National Net Lease Investment Group with Bull Realty, represented the buyer, Diagoris Properties LLC. Lori Schneider with Marcus & Millichap represented the seller, Jacksonville Wolf Bay, LLC.

According to Ms. Miller “The buyer bought several properties, paying all cash as part of a 1031 exchange in 2015.  They took advantage of the current low interest rates to leverage a few properties from the original portfolio to buy additional properties at a higher cap, which improved their cash on cash return.”

Bull Realty, Inc. (www.BullRealty.com) is a U.S. commercial real estate brokerage and advisory firm headquartered in Atlanta, licensed in nine states providing acquisition, disposition, leasing and advisory services. The firm also produces and hosts the nationally-syndicated Commercial Real Estate Show (www.CREshow.com). The popular weekly show is broadcast on 47 radio stations nationwide, iTunes, YouTube and CREshow.com.

Bull Realty FL License # CQ1026029