iLearn Academy Maintains Long-Term Campus Lease
Ilearn Academy Charter SchoolSchool · Tamuning, GU- Disclosed value
- Fixed annual base rent ranging from approximately $1.9 million to $3.4 million; additional annual rent ranging from approximately $0.4 million to $1.1 million
- From report
- Document date
- Jan 1, 2025
- Renews
- Free account
The 30-second brief
iLearn Academy leases its school campus from The Learning Institute under an agreement effective August 1, 2022. The five-year initial term carries annual base rent of approximately $1.9 million to $3.4 million, additional rent of approximately $0.4 million to $1.1 million, and extension options through 2047.
Learning Institute holds this facilities contract with Ilearn Academy Charter School. Its other public contracts on record include work for Chandler-Gilbert Community College and South Mountain Community College.
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Contract details
- Contract type
- Facilities
- Amount
- Fixed annual base rent ranging from approximately $1.9 million to $3.4 million; additional annual rent ranging from approximately $0.4 million to $1.1 million
- Document date
- January 1, 2025
- Term
- Effective August 1, 2022; initial term of 5 years, with an option to extend for up to a total of 25 years, through 2047
- Renews
- Free account
- Vendor
- Learning Institute
- Source document
- iLearn Academy Charter School End of the Year Report 2025-01-01 (Report)
Learning Institute's other public contracts
More Ilearn Academy Charter School contracts
Questions about this contract
Who was awarded the facilities contract by Ilearn Academy Charter School?
Learning Institute was awarded this facilities contract by Ilearn Academy Charter School, as recorded on January 1, 2025. The contract value is Fixed annual base rent ranging from approximately $1.9 million to $3.4 million; additional annual rent ranging from approximately $0.4 million to $1.1 million.
How much is the Learning Institute contract with Ilearn Academy Charter School worth?
The Learning Institute contract with Ilearn Academy Charter School is valued at Fixed annual base rent ranging from approximately $1.9 million to $3.4 million; additional annual rent ranging from approximately $0.4 million to $1.1 million, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a report record.
Where was this contract approved?
This contract appears in iLearn Academy Charter School End of the Year Report 2025-01-01 (Report), dated January 1, 2025 from Ilearn Academy Charter School. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Learning Institute hold?
Learning Institute may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Ilearn Academy Charter School currently buying?
Explore Ilearn Academy Charter School's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.