Spanish Schoolhouse
15-Year Absolute Net Lease | 2% Annual Rent Increases | Providence Village, TX
Marketing description
Spanish Schoolhouse (the "Property") is strategically located adjacent to the Action Behavior Center within a master-planned mixed-use development at the northwest quadrant of Main Street and Fishtrap Road in Providence Village, Texas. The Property benefits from strong visibility, convenient access to US Highway 380, and proximity to future medical and retail developments, contributing to long-term tenant synergy and land value appreciation.
The Property comprises approximately 7,573 square feet in a single-tenant building that will be delivered as a build-to-suit for Spanish Schoolhouse, a leading provider of Spanish immersion preschool and early childhood education. The tenant has executed a long-term 15-year absolute NNN lease with two (2) five-year renewal options and fixed 2.0% annual rental increases beginning in Year 2. This structure provides investors with stable, passive income and predictable growth.
Spanish Schoolhouse represents a rare opportunity to acquire a purpose-built, education-focused net lease investment with zero landlord responsibilities in a high-growth corridor of Denton County.
Investment highlights
Long-Term Absolute NNN Lease: Brand-new 15-year lease to Spanish Schoolhouse, with no landlord obligations—offering stable, fully passive income.
Annual Rental Escalations: Fixed 2.0% annual increases provide consistent NOI growth throughout the lease term and renewal options.
Established Educational Operator: Founded in 2000, Spanish Schoolhouse operates 20+ locations across Texas, with a specialized mission focused on dual-language early childhood education.
Strategic Location Within a Mixed-Use Corridor: Adjacent to a new Action Behavior Center and near future retail and medical development—supporting daily traffic and tenant synergy.
Demographics Support Growth: 126,000+ residents within 5 miles and an average household income of $120,000; one of the most active growth corridors in the DFW metro.
Purpose-Built for Long-Term Occupancy: Modern 7,573 SF facility customized for Spanish Schoolhouse’s operational model and educational environment.
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