303 Spruce St - Day Care Center FOR SALE


Dickinson, TX 77539
$2,909,090 USD
737-231-2977
303 Spruce St, Dickinson, TX for Sale
$2,909,090 USD
Day Care Center - FOR SALE
1/3
null | 8.25% Cap Rate

303 Spruce St
Dickinson, TX 77539


HIGHLIGHTS

  • Established Childcare Operator with 20+ Years of Experience: The property is leased to a well-established childcare operator with over 20 years.
  • 5-Year Sale-Leaseback: The offering features a newly executed 5-year sale leaseback, providing investors stabilized income from day one.
  • Flexible Dual-Building Configuration: The asset consists of two separate freestanding buildings that present as light-industrial or warehouse.
  • Located within the expanding Southeast Houston corridor, the property benefits from proximity to I-45, one of Houston’s highest-traffic arteries.
  • The property benefits from proximity to the $1.96 billion expansion of State Highway 99 (Grand Parkway).

OVERVIEW

Broker of Record Patrick Graham License # 9005919 (TX) Matthews Real Estate Investment Services, Inc 8300 Douglas Ave., Ste. 750, Dallas, TX 75225 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,909,090 USD

PRICE/SF

$143 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kid City USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

57

LAND DETAILS

LAND ACRES

2.75 AC

LAND SF

119,790 SF

ZONING

-

APN/PARCEL ID

5182-0194-0000-001

ASK ABOUT THIS PROPERTY

Briggs MosherMatthews Real Estate Investment ServicesMore Info
737-231-2977

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Briggs MosherMatthews Real Estate Investment ServicesMore Info
737-231-2977

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