1308 Picadilly Dr - Schools FOR SALE


Pflugerville, TX 78660
$5,745,000 USD
480-718-5555
1308 Picadilly Dr, Pflugerville, TX for Sale
$5,745,000 USD
Schools - FOR SALE
1/9
null | 6.5% Cap Rate

1308 Picadilly Dr
Pflugerville, TX 78660


HIGHLIGHTS

  • ABSOLUTE NNN LEASE: 5 years remaining on extended 10-year Absolute NNN lease with one 5-year renewal option remaining
  • STRONG SALES & HISTORICAL OCCUPANCY: Successfully open and operating for decades with VERY STRONG REPORTED SALES
  • CORPORATELY GUARANTEED LEASE: Learning Care Group has more than 1,070 schools nationwide across 11 unique brands
  • IRREPLACEABLE LARGE LOT: Positioned on a large ±3.43-acre lot in affluent suburb of Austin at the intersection of Picadilly Dr & Grand Ave Pkwy
  • Excellent drive-by visibility/access with traffic counts of 22,077 CPD!
  • VERY AFFLUENT 2026 DEMOGRAPHICS: Total Population (5MI): 252,163 | Average Household Income (1MI): $145,511

OVERVIEW

(Building & Land) Fee Simple The Children’s Courtyard has 5 years remaining on extended 10-year Absolute NNN lease with one 5-year renewal option remaining. Learning Care Group has more than 1,070 schools nationwide across 11 unique brands such as La Petite Academy, Childtime, Tutor Time, The Children’s Courtyard, Everbrook Academy, and Montessori Unlimited. The Asset is Positioned on a large ±3.43-acre lot in affluent suburb of Austin at the intersection of Picadilly Dr & Grand Ave Pkwy with excellent drive-by visibility/access with traffic counts of 22,077 CPD! Retailers in Pflugerville & nearby Round Rock include Walmart, Sam’s Club, Target, Burlington, Kohl’s, At Home, Hobby Lobby, Home Depot, Lowe’s, Ross Dress for Less, Marshalls, Old Navy, Lane Bryant, World Market, Barnes & Noble, Half Price Books, Daiso, dd’s Discounts, Boot Barn, Michaels, Ulta Beauty, Dollar Tree, Best Buy, PetSmart, Petco, H-E-B, Goodwill, Gold’s Gym, Planet Fitness, and Cinemark. It is 8 miles from Texas State University Round Rock – a public research university offering master’s, doctoral, certification programs & continuing education with 2,918 students (Fall 2025); 15 miles from University of Texas at Austin – a public research university offering various undergraduate & graduate degree programs with total enrollment of 55,000 (Fall 2025); 4 miles from Baylor Scott & White Medical Center Pflugerville – offering 24/7 emergency services and other various medical services with 25 beds; 9 miles from Baylor Scott & White Medical Center Round Rock – a 168-bed, full-service hospital providing a range of personalized care in more than 40 specialties.

FOR SALE DETAILS

PRICE

$5,745,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

THE CHILDREN’S COURTYARD - PFLUGERVILLE, TX

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.47 AC

LAND SF

150,999 SF

ZONING

C

APN/PARCEL ID

280707

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.