Listed by Stream Capital Partners
$2,545,455
Prescolaire Early Learning Academy
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 10,000
Cap Rate 8.25%
NOI $210,000
Tenancy Single
Lease Type NNN
Lease Term 10
Lease Expiration 03/31/2030
Remaining Term 3.8
Lease Options Two, 5-year options
Year Built 2017
Acreage 1.360
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Prescolaire Early Learning Academy - Houston, MSA
Investment highlights
- Limited Landlord Responsibilities: Tenant is responsible for taxes, insurance, and all maintenance obligations, Landlord responsible for Structural components only.
- Hedge Against Inflation: The lease features a rare 9% rent escalator in each option period, providing strong built-in income growth and an effective hedge against inflation over the long term.
- No State Income Tax: Texas’ no state income tax structure enhances after-tax returns for investors, improving overall yield and long-term investment efficiency.
- Strong Demographics & Population Density: The property is supported by approximately 123,000+ residents within a 3-mile radius and an average household income of $100,726, providing a dense and stable consumer base.
- Strong Development Activity: The surrounding 60-acre trade area continues to experience ongoing expansion, with national users such as H-E-B and nearby Amazon distribution facilities underscoring strong institutional confidence and long-term growth in the corridor.
- High Demand: Childcare services are experiencing strong and sustained demand in Texas, driven by continued population growth and an influx surrounding master-planned development such as Grand Mission Estates and Grand Vista Lakes.
- Established Childcare Company: Prescolaire Learning Academy serves the surrounding Richmond community as an early childhood education provider, benefiting from strong local demand driven by rapid residential growth and expanding master-planned communities in the area.
Listing Contacts
Listed by Stream Capital Partners
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$210,000.00
$17,500.00/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
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