2501 Simmons Rd - Day Care Center FOR SALE


Flower Mound, TX 75022
$5,200,000 USD
650-678-7200
2501 Simmons Rd, Flower Mound, TX for Sale
$5,200,000 USD
Day Care Center - FOR SALE
1/2
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
  • Guidepost Global Education is a EBITDA positive “4-wall” company with 8,000+ system-wide enrollments
  • Estimated to experience roughly 20% population growth over the next five years within a 1, 3, and 5-mile radius
  • $204,000 average household incomes within a 1-mile radius of the subject property

OVERVIEW

Over 12 years remaining in the base term of this lease featuring 2% annual rental increases and a full-term corporate guaranty from Guidepost Global Education (see Page 9). The subject property is located in Flower Mound, an explosive growth Dallas suburb that is estimated to experience roughly 20% population growth over the next five years within a 1, 3, and 5-mile radius.

FOR SALE DETAILS

PRICE

$5,200,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

6.93%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Guidepost Montessori at Flower Mound

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2011

SPRINKLERS

-

PARKING SPACES

55

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 Notice.