2501 Simmons Rd - Schools FOR SALE


Flower Mound, TX 75022
$5,100,000 USD
650-678-7200
2501 Simmons Rd, Flower Mound, TX for Sale
$5,100,000 USD
Schools - FOR SALE
1/1
null | 6.93% Cap Rate

2501 Simmons Rd
Flower Mound, TX 75022


HIGHLIGHTS

  • 12+ years remaining on corporate net lease featuring 2% annual rental increases
  • Lease features a full-term corporate guaranty from tenant’s parent company – Guidepost Global Education
  • Extremely large 3.90 acre lot
  • Very strong enrollments (speak with Agent)
  • EBITDA positive “4-wall” company
  • Affluent parent demographics – $204,000 average household incomes within a 1-mile radius of the subject property

OVERVIEW

A corporate Guidepost Global lease with 12+ years remaining in the base term featuring 2% annual rental increases. Subject property is located in the Dallas-Fort Worth MSA, which is home to the 4th largest concentration of Fortune 500 companies in the United States.

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guidepost Global Education

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.9 AC

LAND SF

169,884 SF

ZONING

-

APN/PARCEL ID

R470041

ASK ABOUT THIS PROPERTY

John AndreiniCP Partners CREMore Info
650-678-7200

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John AndreiniCP Partners CREMore Info
650-678-7200

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