12300 Queenston Blvd - Day Care Center FOR SALE
Houston, TX 77095 |
$6,049,300 USD
512-543-7437
12300 Queenston Blvd
Houston, TX 77095
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States, With 30+ Years of Operating History & More Than 300 Location
- 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)
- 9 Years Remaining on Initial Term 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 Boulevard in Houston, TX. This Deal Includes ~9 Years Remaining on the Initial Term 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
$6,049,300 USD
PRICE/SF
$312 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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