www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
24132505
24132520

7338 McHenry St, Houston,, TX 77087

NN
TX TX 0771112
Realm Real Estate Professionals
Listed by Realm Real Estate Professionals
$1,095,000
355 days on market
Updated 46 days ago

Freestanding Commercial Building, Established Daycare Tenant

Details
Property Type Hospitality, Mixed Use (+3)
Sub Type Day Care/Nursery, Executive Office (+1)
Square Footage 4,784
Net Rentable (SqFt) 4,784
Cap Rate 6.26%
NOI $68,556
Occupancy 100%
Tenancy Single
Brand/Tenant Twinkle Wonders School at Golfcrest
Lease Type NNN
Remaining Term 3
Rent Bumps Yes
Pro-Forma Cap Rate 6.45%
Pro-Forma NOI $70,608
Broker Co-Op Yes
Class C
Year Built 1930
Year Renovated 2022
Stories 1
Lot Size (SqFt) 39,416
Parking Spaces spaces
Investment Type Net Lease
Tenant Credit Credit Rated
Occupancy Date 02/01/2019
Ownership Fee Simple
Sale Condition For sale by owner

4+ Years lease left with 3% Annual bumps

Marketing description

Realm Real Estate Professionals is pleased to exclusively present the opportunity to acquire the fee-simple interest in a single-tenant, NNN-leased childcare facility located at 7338 McHenry St, Houston, TX. This institutional-quality asset features a ±4,784 SF freestanding facility situated on an expansive lot, strategically positioned directly adjacent to a high-density elementary school serving over 755 students.

The property is currently under a long-term lease with an established operator boasting over a decade of proven operational success. The lease structure provides an ideal vehicle for passive investors, featuring a personal guaranty, minimal landlord oversight, and 3% annual rent escalations—offering a superior hedge against inflation and a consistent growth trajectory for Net Operating Income (NOI).


Property Features:

  • Size: 4,784 SF purpose-built for childcare (Licensed for 120 children)

  • Layout: Multiple classrooms, restrooms, offices, kitchen, and indoor play zones

  • Outdoor Space: Oversized fenced playground

  • Licensing-Ready: Compliant with key safety and operational standards

  • Renovations: Updated flooring, interior paint, new front doors, fire exits in each room per city code

  • Dining Area: Staff break room or flexible build-out space

  • Parking: Ample on-site parking for staff and parents

  • Access: Convenient to Hwy 610, I-45, and major residential corridors

Investment highlights

INVESTMENT HIGHLIGHTS

  • Strong Lease Terms – NNN lease with 3 years remaining, 3% annual increases, and personal guaranty

  • Experienced Tenant – Proven operator with multiple successful childcare centers

  • Ample Parking – On-site parking with two curb cuts for smooth traffic flow

  • Passive Investment – Minimal landlord responsibilities (roof & structure only)

  • Large Lot – 39,416 SF with fenced playground and expansion potential

Listing Contacts

NN
TX TX 0771112
Realm Real Estate Professionals
Listed by Realm Real Estate Professionals

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$68,556.00
$5,713.00/mo

Valuation Metrics

0
DSCR
6.26%
Cap Rate
6.26%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Nizar Noor
License
TX 0771112
Brokerage
REALM Real Estate Professionals
Brokerage Phone
832-788-8548
Title
Realtor
Brokerage Address
14090 Southwest Freeway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591