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28067983
28067984

10110 Greenhouse Rd, Cypress, TX 77433

MF
TX TX 644481, CA CA 01875150 (+1)
Sands Investment Group
SK
TX 744270
Sands Investment Group
JM
CA 02220498
Sands Investment Group
Listed by Sands Investment Group
$5,255,474
210 days on market
Updated 51 days ago

The Learning Experience - Cypress, TX

Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 10,000
Cap Rate 6.85%
NOI $360,000
Occupancy 100%
Tenancy Single
Brand/Tenant The Learning Experience
Lease Type NNN
Lease Term 15
Lease Expiration 01/01/2040
Remaining Term 13.6
Rent Bumps Yes
Lease Options 2 x 5 Year Options
Price per SqFt $526
Year Built 2014
Buildings 1
Acreage 1.940
Investment Type Net Lease
Sale Condition Sale for leaseback

High-Income Houston Market | Experienced Multi-Unit Operator | 15 Year Lease

Marketing description

Sands Investment Group is pleased to exclusively offer for sale the 10,000 SF The Learning Experience located at 10110 Greenhouse Rd in Cypress, TX. This exceptional opportunity features a long-term 15-year Triple Net (NNN) Lease with zero landlord responsibilities, providing investors with truly passive, stable cash flow. The center has been operated by the current owner since 2015 and maintains a stabilized enrollment exceeding 75%, underscoring its strong operational performance. This property represents a high-quality, turn-key investment in a growing suburban market, ideal for long-term growth and income stability.

LEARN MORE HERE

Investment highlights

  • The franchisee of this school is the largest collective franchisee within The Learning Experience system.

  • Founded in 1980, The Learning Experience has grown to 450+ locations that are open or under development.

  • Cypress, a suburb northwest of Houston, is located 30 miles from George Bush Intercontinental Airport (IAH).

  • Long-term 15-year Triple Net (NNN) Lease with zero landlord responsibilities.

  • Located within Towne Lake, a premier 2,400-acre master-planned community with roughly 3,000 new homes. https://townelaketexas.com/

  • The center has been operated by the current owner since 2015 with stabilized enrollment of over 75%.

  • There are fourteen elementary feeder schools within a 5-mile radius.

  • The average household income of $158,731, and the population of 106,337 residents within a 3-mile radius.

Listing Contacts

MF
TX TX 644481, CA CA 01875150 (+1)
Sands Investment Group
SK
TX 744270
Sands Investment Group
JM
CA 02220498
Sands Investment Group
Listed by Sands Investment Group

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$360,000.00
$30,000.00/mo

Valuation Metrics

0
DSCR
6.85%
Cap Rate
6.85%
ROI

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Additional Information

Name
Max Freedman
License
TX #644481
Title
Broker of Record
Name
Max Freedman
License
TX 644481
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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