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32706084
32705283

20621 Kuykendahl Road, Spring, TX 77379 For Sale

LO
TX TX 840776
Marcus & Millichap - Houston
WH
TX 621361
Marcus & Millichap - Houston
JB
TX 0382650
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$4,885,714
78 days on market
Updated 61 days ago

The LEAF Academy Of Spring

Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 17,000
Net Rentable (SqFt) 17,000
Cap Rate 7.00%
NOI $342,000
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Price per SqFt $287
Class B
Year Built 2006
Acreage 2.100
Investment Type Net Lease
Ground Lease No
Sale Condition Sale for leaseback

Single tenant net lease | NNN | 15 years remaining on lease | 2% annual rent bumps

Marketing description

The offering features a triple-net leased childcare facility occupied by The L.E.A.F. Academy of Spring, located at 20621 Kuykendahl Road in Spring, Texas, within the North Houston submarket. The lease has approximately 15 years remaining, includes 2% annual rent increases, and is supported by a personal guarantee, offering investors reliable, growing income with no ongoing landlord responsibilities. The tenant brings meaningful experience, having operated childcare facilities for more than 25 years and managing 20+ locations across the Houston and Dallas–Fort Worth metro areas.

The property consists of approximately 17,000 square feet on a 2.10-acre site, originally built in 2006. It is positioned along Kuykendahl Road, a well-traveled commuter corridor that serves surrounding residential neighborhoods and employment centers which experiences daily traffic counts in excess of 23,000 vehicles.

Located in Harris County, the property benefits from a strong suburban setting supported by steady population growth, above-average household incomes, and a diverse employment base. The asset is backed by more than 900 homes across two master-planned communities. Within a five-mile radius, the population exceeds 243,000, with average household incomes surpassing $130,000, driving consistent demand for childcare services.

Overall, this offering is well suited for investors seeking long-term, hands-off income, built-in rent growth, and exposure to a necessity-based, recession-resistant tenant within a proven Houston growth corridor.

Investment highlights

15 years left on lease - NNN Lease with 2% annual rent increases

Tenant operates 20+ Childcare facilities

Located in a growing Houston suburban area

3 mile radius: Population of 90,375 - average income of $126,099

Listing Contacts

LO
TX TX 840776
Marcus & Millichap - Houston
WH
TX 621361
Marcus & Millichap - Houston
JB
TX 0382650
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$342,000.00
$28,500.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Tim Speck
License
TX 0432723
Brokerage
Marcus & Millichap
Title
Broker of Record
Name
Lucas O'Connor
License
TX 840776
Brokerage
Marcus & Millichap
Brokerage Phone
713-452-4363
Title
Associate Investments
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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