12300 Queenston Blvd - Day Care Center FOR SALE
Houston, TX 77095 |
$6,170,286 USD
512-543-7437
12300 Queenston Blvd
Houston, TX 77095
HIGHLIGHTS
- Cadence Education is one of the largest private childcare providers in the U.S., with 30+ years of operating history and more than 300 locations.
- Houston is the largest city in the state of Texas and the fourth-largest in the United States.
- The center is located in a high-traffic area off US Hwy 290 and 30 miles from George Bush Intercontinental Airport (IAH).
- ~15 years remaining on the lease with favorable 2% annual rent escalators.
- Average household income of $143,412 and a population of 262,290 residents within a 5-mile radius.
- Texas is an income tax–free state.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 19,366 SF Cadence Academy located at 12300 Queenston Blvd in Houston, TX. This deal includes ~15 years remaining on the lease with favorable 2% annual rent escalators, providing for a long-term income stream backed by a proven national operator.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$6,170,286 USD
PRICE/SF
$319 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy - Houston, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
28
LAND DETAILS
LAND ACRES
2.1 AC
LAND SF
91,476 SF
ZONING
-
APN/PARCEL ID
0421210000285
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512-543-7437
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512-543-7437
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