Levittown, Pa. – NAI James E. Hanson, the largest New Jersey-based full-service independent commercial real estate firm, announces the sale of an 11,000-square-foot child daycare center located at 8829 New Falls Road in Levittown, Pennsylvania. Vice President Jonathan Kristofich, Senior Vice President John J. Schilp and Associate Ayush Patel represented the seller, 8829 NEW FALLS ROAD,L.P. in the sale to KKP Realty LLC, who was represented by Maxim Shtraus of the Maxim Shtraus Group.
The freestanding property, which opened in 2014, is situated on a 1.32-acre site and is double net-leased to The Learning Experience, a nationally recognized early childhood education franchise.
Located within a sought-after planned residential community in Falls Township, the property benefits from strong surrounding demographics and access to major transportation corridors. The Levittown area is served by the highly rated Pennsbury School District and is characterized by a large family population and above-average household incomes.
“Investor demand for well-located child care facilities with established operators remains strong, particularly in markets supported by favorable demographics,” said Kristofich. “This transaction reflects the continued appeal of net-leased assets that offer durable income and long-term stability.”
Schilp added, “The Learning Experience brand, combined with the property’s strong lease structure and large nearby family population made it an attractive opportunity for buyers seeking exposure to a resilient asset class.”
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