1625 Main St - Day Care Center FOR SALE


Providence Village, TX 76227
$5,154,092 USD
903-574-2647
1625 Main St, Providence Village, TX for Sale
$5,154,092 USD
Day Care Center - FOR SALE
1/7
null | 6.5% Cap Rate

1625 Main St
Providence Village, TX 76227


HIGHLIGHTS

  • Long-Term Absolute NNN Lease: Brand-new 15-year lease to Spanish Schoolhouse, with no landlord obligations—offering stable, fully passive income.
  • Annual Rental Escalations: Fixed 2.0% annual increases provide consistent NOI growth throughout the lease term and renewal options.
  • Established Educational Operator: Founded in 2000, Spanish Schoolhouse operates 20+ locations across Texas.
  • Strategic Location Within a Mixed-Use Corridor: Adjacent to a new Action Behavior Center and near future retail and medical development.
  • Demographics Support Growth: 126,000+ residents within 5 miles and an average household income of $120,000.
  • Purpose-Built for Long-Term Occupancy: Modern 7,573 SF facility customized for Spanish Schoolhouse’s operational model and educational environment.

OVERVIEW

Spanish Schoolhouse (the "Property") is strategically located adjacent to the Action Behavior Center within a master-planned mixed-use development at the northwest quadrant of Main Street and Fishtrap Road in Providence Village, Texas. The Property benefits from strong visibility, convenient access to US Highway 380, and proximity to future medical and retail developments, contributing to long-term tenant synergy and land value appreciation. The Property comprises approximately 7,573 square feet in a single-tenant building that will be delivered as a build-to-suit for Spanish Schoolhouse, a leading provider of Spanish immersion preschool and early childhood education. The tenant has executed a long-term 15-year absolute NNN lease with two (2) five-year renewal options and fixed 2.0% annual rental increases beginning in Year 2. This structure provides investors with stable, passive income and predictable growth. Spanish Schoolhouse represents a rare opportunity to acquire a purpose-built, education-focused net lease investment with zero landlord responsibilities in a high-growth corridor of Denton County.

FOR SALE DETAILS

PRICE

$5,154,092 USD

PRICE/SF

$687 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Spanish Schoolhouse

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.08 AC

LAND SF

47,045 SF

ZONING

-

APN/PARCEL ID

R957908

ASK ABOUT THIS PROPERTY

John David CobbEDGE Realty Capital MarketsMore Info
903-574-2647

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John David CobbEDGE Realty Capital MarketsMore Info
903-574-2647

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