210 N Alma Rd - Day Care Center FOR SALE
Allen, TX 75013 |
$4,281,286 USD
678-365-5168
210 N Alma Rd
Allen, TX 75013
HIGHLIGHTS
- This asset is 100% leased to The Children’s Courtyard on a double net (NN) – ~11 years of term remaining.
- Corporately backed by Learning Care Group, Inc., which is the 2nd largest for-profit childcare company in North America.
- 12+ feeder elementary schools within a 5-mile radius: Rountree Elementary School, Kerr Elementary School, Green Elementary School Etc.
- Total consumer spending on education and daycare exceeds $379 million annually within a 5-mile radius of this location.
- Ideally located just off W McDermott Dr, which sees over 38,269 VPD.
- The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 10,557 SF The Children’s Courtyard located at 210 N Alma Drive in Allen,= TX. This deal is 100% leased to Children’s Courtyard on a double net (NN) lease with ~11 years of term remaining, providing for a secured investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$4,281,286 USD
PRICE/SF
$405 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Children's Courtyard - Allen, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1996
SPRINKLERS
-
PARKING SPACES
25
LAND DETAILS
LAND ACRES
1.96 AC
LAND SF
85,378 SF
ZONING
SC-SHOPPIN
APN/PARCEL ID
R-3870-00A-0010-1
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678-365-5168
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678-365-5168
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