Richard Weissman Of The Learning Experience Leases 10,000 SF School In Southern California
Building Size
10,000 SF
Asset Type
School
Closing
Feb 3, 2026
AI
The asset involved in this transaction is a school with a total square footage of 10,000. The transaction is taking place within the markets of Loma Linda & Murrieta, Menifee & Winchester. The tenant associated with this lease is Richard Weissman, representing The Learning Experience, which is in the process of acquiring four daycare centers in Southern California’s San Bernardino and Riverside counties.
Summary of transaction details:
- Property Type: School
- Transaction Amount: Not specified
- Square Footage: 10,000 SF
- Date: 02/03/2026
- Tenant: Richard Weissman - The Learning Experience
The Learning Experience, a Florida-based operator, has plans to open four new daycare centers, each capable of serving up to 180 children and employing 30 staff members. These locations are currently under construction and are part of a broader expansion strategy that includes the addition of eight sites on the East Coast and aims to increase their overall portfolio by over 150 locations within the next three years.
Players
Market School Market Snapshot
Boundary boundary · School · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93