Listed by Trinity Real Estate Investment Services
$3,535,715
Child Development Schools (Childcare Network)
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 12,212
Cap Rate 7%
NOI $247,500
Occupancy 100%
Tenancy Single
Brand/Tenant KinderCare Learning Center
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 02/28/2035
Remaining Term 8.7
Rent Bumps Yes
Lease Options Four (4), 5-Year; 10%
Price per SqFt $290
Year Built 2009
Acreage 1.500
Investment Type Net Lease
Lease Commencement 02/07/2020
Ground Lease No
Daycare | 7.0% CAP | 12,212 SqFt
Marketing description
Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Child Development School in Corinth, TX. This property is a DFW MSA Childcare Network under an absolute NNN lease with 10% rent increases every five years and zero landlord responsibilities, strategically located in a dense 5-mile trade area with over 150,000 residents and a projected 8.28% growth in the next five years.
Property Website: https://trinityreis.com/listing/1358-robinson-rd/
Investment highlights
- DFW MSA Childcare Network in Corinth, TX
- Absolute NNN Lease With 10% Rent Increases Every 5 Years – Zero Landlord Responsibilities
- Near the Intersection of Robinson Rd and State School Rd With Combined Traffic Counts of 10,000+ VPD, Easy Access Form I-35E Boasting 100K VPD
- Dense 5-Mile Trade Area With 150,000+ Residents and 8.28% Projected Growth in 5 Years
- Affluent Suburban Community With $127K+ Avg. Household Income Within 5 Miles
- Surrounded by Established Neighborhoods and Schools, Perfectly Aligned With Childcare Services
- Proximity to North Central Texas College Branch Campus Enhances Educational Synergy
- Just 35 Miles From Downtown Dallas, in the Thriving Dallas–Fort Worth Metroplex
- Child Development Schools Operates More Than 230 Locations Nationwide
Listing Contacts
Listed by Trinity Real Estate Investment Services
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
$247,500.00
$20,625.00/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
