3052 S Shore Blvd - Day Care Center FOR SALE


League City, TX 77573
$2,838,000 USD
602-687-6780
3052 S Shore Blvd, League City, TX for Sale
$2,838,000 USD
Day Care Center - FOR SALE
1/6
null | 6.75% Cap Rate

3052 S Shore Blvd
League City, TX 77573


HIGHLIGHTS

  • 7 Years Remaining on Triple-Net (NNN) Lease with Corporate Guaranty
  • Property Underwent Extensive Renovations in 2022: All New HVAC Systems, a New Roof, and $493K+ in Interior Tenant Improvements
  • Annual Rental Increases with Multiple Renewal Options
  • Growing Tenant - Action Behavior Centers has More Than 350 Locations
  • Private Equity Firm CharlesBank Acquired Action Behavior Centers in 2022 (Valued at $840M at the Time of Sale, and Continuing to Grow)
  • Dense Trade Area in the Houston MSA - 166,038 Residents within a 5 Mile Radius

OVERVIEW

Action Behavior Centers - ABA Therapy for Autism (“ABC”) is the leading provider of Applied Behavior Analysis (ABA) therapy in Texas, Arizona, Colorado, Illinois, North Carolina, and Minnesota. With over 350 locations open and a community of more than 12,000 Autism professionals, the company serves thousands of children and families with Autism. League City is a city primarily in Galveston County, Texas, with a small portion located within Harris County. Situated within the Houston metropolitan area, the city is home to an estimated 114,400 residents.

FOR SALE DETAILS

PRICE

$2,838,000 USD

PRICE/SF

$424 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Action Behavior Centers

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

19

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,483 SF

ZONING

CN

APN/PARCEL ID

6669-0000-0000-001

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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Christopher LindMarcus & MillichapMore Info
602-687-6780

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