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NETLEASE.STUDIO
Childcare · Private equity

The Learning Experience

Fast-growing, mostly franchised early-education brand; new-build leases are often signed by franchisees, sometimes with a corporate guaranty. Purpose-built childcare buildings carry moderate re-leasing risk.

Company site ↗
The Learning Experience storefront
Photo: Panama_city_panoramic_view_from_the_top_of_Ancon_hill.jpg: Brian Gratwicke derivative work: Jjtkk · CC BY 2.0
US units
450
2026 (approx.)
3Y net growth
+36.4%
vs. 2022 (approx.)
Credit rating
NR
No public rating
Typical term
15 yr
NNN
Model
Mixed
Private equity

Unit count

330
2022 (approx.)
450
2026 (approx.)

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The Learning Experience net lease FAQ

What is The Learning Experience's credit rating?

The Learning Experience does not carry a public S&P issuer credit rating (NR). Landlords underwrite it on unit-level performance, the guarantor named in the lease and, for public companies, reported financials.

How many The Learning Experience locations are there in the US?

The Learning Experience reported about 450 US locations as of 2026 (approx.). That is +36.4% versus 330 in 2022 (approx.).

What does a typical The Learning Experience net lease look like?

Lease type: NNN. Initial term: 15 yr. Rent increases: ~2% annually or 10% every 5 yr. These are market-typical terms; actual deals vary by vintage, location and whether the lease is corporate or franchisee-signed.

Is The Learning Experience corporate or franchised?

Operating model: Mixed. The Learning Experience is part of Golden Gate Capital. For net lease investors this determines whether rent is backed by the corporate parent or by a franchisee.