1645 Greenridge Dr - Day Care Center FOR SALE


Burleson, TX 76028
$6,154,000 USD
972-755-5205
1645 Greenridge Dr, Burleson, TX for Sale
$6,154,000 USD
Day Care Center - FOR SALE
1/4
null | 7.15% Cap Rate

1645 Greenridge Dr
Burleson, TX 76028


HIGHLIGHTS

  • Corporate 16-Year Triple-Net Lease With 10% Rental Escalations Every 5 Years
  • New Construction - 1.28 Acre Parcel
  • Roundabout Access to SW Wilshire Boulevard (41,422 VPD) and NW John Jones Drive (17,241 VPD)
  • Adjacent to Multiple Power Centers Anchored by Target, H-E-B, Kroger Marketplace, and Sprouts
  • 97,213 Residents and $111,042 Average Household Income Within 5 Miles
  • Strong Daytime Population of 75,136 with School and Office Density (5-Mile Radius)

OVERVIEW

Offered for sale is the opportunity to acquire a triple-net lease The Learning Experience in Burleson, TX. The property consists of a 10,000-square-foot, freestanding building that sits on approximately 1.28 acres of land. There are 14.8 years remaining on the lease with 10% rental increases every 5 years.

FOR SALE DETAILS

PRICE

$6,154,000 USD

PRICE/SF

$615 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

C2

APN/PARCEL ID

126-0066-00137

ASK ABOUT THIS PROPERTY

Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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Vincent KnippKnipp Wolf Net Lease Group | Marcus & MillichapMore Info
972-755-5205

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