1802 S Forum Dr - Day Care Center FOR SALE


Grand Prairie, TX 75052
$6,428,571 USD
415-610-8970
1802 S Forum Dr, Grand Prairie, TX for Sale
$6,428,571 USD
Day Care Center - FOR SALE
1/3
null | 7% Cap Rate

1802 S Forum Dr
Grand Prairie, TX 75052


HIGHLIGHTS

  • Childcare is an Essential Business, Amazon & Recession Resistant
  • 711+ Locations Open, Planned or Under Development in 36 States and Internationally
  • 2025 New Prototype Build-to-Suit
  • Rare 16 Year NNN Lease (Minimal LL Responsibilities), 10% Increases
  • Corporate Guaranty
  • Excellent Demographics in Tax Free State

OVERVIEW

Northmarq is pleased to exclusively offer for sale this brand new, 2025-construction, single-tenant property operating as "The Learning Experience" located in Grand Prairie, Texas. The tenant has signed a 16-year NNN lease with minimal landlord responsibilities, 10% rental increases every 5 years and a corporate guaranty from The Learning Experience. The Learning Experience is the fastest-growing childcare franchise with over 630 locations open, planned or under development across 22 states and internationally. The property is located between S State Highway 161 (6k+ VPD) & I-20 (199k+ VPD) and surrounded by residential, retail and industrial corridors. Nearby national tenants include an IKEA, Bass Pro Shops, Hobby Lobby, Kohl's, Petco, Walmart Supercenter, Sam's Club and Kroger amongst many others. This property is strategically located to be a go-to daycare provider for nearby residents and no more than a 15-minute drive from eight nearby elementary schools. The area boasts an excellent 1-mile average household income of $102k+ (projected to grow by 16.66% by '29) and population counts of 268K+ within a 5-mile radius of the property.

FOR SALE DETAILS

PRICE

$6,428,571 USD

PRICE/SF

$643 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience - Dallas, TX MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,658 SF

ZONING

Z313

APN/PARCEL ID

28209590010010000

ASK ABOUT THIS PROPERTY

Milo SpectorNorthmarqMore Info
415-610-8970

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Milo SpectorNorthmarqMore Info
415-610-8970

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