413 Tally Boulevard
Fully Leased multi-location day care For Sale in Justin Town Square
Marketing description
• Texas is a income Tax Free State
• Below Replacement Cost
• NNN Lease - Minimal Landlord Responsibility
• Professional Property Management in place to handle day-to-day operations, maintenance, and tenant relations, ensuring a well-maintained property
• Annual Base Rent Increases
• Ability to Charge Tenant for Management Fee
• Includes creditworthy tenant from a stable industry, ensuring mini-mal vacancy risk
• Fully leased under one tenant offers stable, long-term income
Investment highlights
This fully leased building is in Justin Town Square, poised to build on the City of Justin's rich history and propel its continued growth by becoming a prominent fixture at Justin Town Square.
The tenant is a large multi-location day care facility is in the first months of their lease here, bringing families into the center daily... they have 3 other locations in the area.
Justin Town Square embraces the city’s historic pride, evidenced by the Old West-style exteriors, featuring a modern flair with activated walkways and covered outdoor seating areas designed to foster a connected community feel. Justin Town Square was created with the city in mind. The property includes outdoor spaces specifically designed to consistently host community events.
The City of Justin has seen unprecedented levels of migration, with an expected population growth of 12% from 2023 to 2028 within a 5-mile radius of Justin Town Square. This city's growth is driven by its proximity to Denton and Downtown Fort Worth, a low cost of living, and top-rated schools.
Over 5,000 new residential lots sit within 3 miles of Justin Town Square. The property is positioned to be a prominent facet of the community as the city center is one mile away, and the Texas Motor Speedway is four miles away. As a result of families relocating to the area, residents are severely underserved by the commercial sector.
Additionally, Justin Town Square is less than 15 minutes from Alliance Airport, a major hub for aerospace companies. As of Q4 2023, the City of Justin had only 20 retail stores and restaurants. Join this undiscovered yet flourishing city at Justin Town Square today. Get in touch.
FM 1171 is being expanded to connect I35W to FM 156 one block south of this property. See map.
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