2301 Richland Blvd - Day Care Center FOR SALE
Prosper, TX 75078 |
$4,087,500 USD
678-365-5168
2301 Richland Blvd
Prosper, TX 75078
HIGHLIGHTS
- This Asset is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporately Backed By Learning Care Group, Inc., Which is the 2nd Largest For-Profit Childcare Company in North America
- 17+ Feeder Elementary Schools within a 5-Mile Radius
- Total Consumer Spending on Education and Daycare Exceeds $230 Million Annually Within a 5-Mile Radius of This Location
- Ideally Located Just Off E University Dr, Which Sees Over 35,419 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 12,415 SF The Children's Courtyard Located at 2301 Richland Boulevard in Prosper, TX. This Deal Includes an Asset Which is 100% Leased to The Children's Courtyard on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities - 7.5 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
$4,087,500 USD
PRICE/SF
$341 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Children's Courtyard - Prosper, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
1.57 AC
LAND SF
68,389 SF
ZONING
-
APN/PARCEL ID
R-11362-00A-0030-1
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678-365-5168
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678-365-5168
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