Marcus & Millichap Inc.
07/08/2026 | Press release | Distributed by Public on 07/08/2026 14:19
Marcus & Millichap Arranges $7.6M Sale of The Learning Zone Childcare Facility in Spring Hill, Tennessee
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Marcus & Millichap Arranges $7.6M Sale of The Learning Zone Childcare Facility in Spring Hill, Tennessee
July 08, 2026
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SPRING HILL, Tenn., July 8, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a net-leased childcare facility occupied by The Learning Zone in Spring Hill, Tennessee, for $7,605,000.
"Our team's specialization in the early education sector allowed us to identify a qualified buyer within the first week of marketing the property," said Dominic Sulo, senior managing director investments. "Demand for net-leased childcare assets remains strong, particularly in Tennessee, where the state's tax-friendly environment and continued population growth continue to attract long-term investors seeking stable cash flow."
Sulo, investment specialist in Marcus & Millichap's Chicago Oak Brook office, in association with Jody McKibben, Marcus & Millichap's Tennessee broker of record, had the exclusive listing to market the property on behalf of the seller, a Tennessee-based developer. The property was purchased by a Tennessee-based buyer completing a 1031 exchange.
The property is situated on 2.67 acres at 216 Town Center Parkway in Spring Hill, about 40 miles south of Nashville. The Learning Zone occupies the 13,718-square-foot property under an absolute net lease with approximately 12.6 years remaining. The lease is backed by corporate guarantees from affiliated entities operating more than 30 locations, as well as a personal guarantee from the company's founder.
"Our team's specialization in the early education sector allowed us to identify a qualified buyer within the first week of marketing the property," said Dominic Sulo, senior managing director investments. "Demand for net-leased childcare assets remains strong, particularly in Tennessee, where the state's tax-friendly environment and continued population growth continue to attract long-term investors seeking stable cash flow."
Sulo, investment specialist in Marcus & Millichap's Chicago Oak Brook office, in association with Jody McKibben, Marcus & Millichap's Tennessee broker of record, had the exclusive listing to market the property on behalf of the seller, a Tennessee-based developer. The property was purchased by a Tennessee-based buyer completing a 1031 exchange.
The property is situated on 2.67 acres at 216 Town Center Parkway in Spring Hill, about 40 miles south of Nashville. The Learning Zone occupies the 13,718-square-foot property under an absolute net lease with approximately 12.6 years remaining. The lease is backed by corporate guarantees from affiliated entities operating more than 30 locations, as well as a personal guarantee from the company's founder.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
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