3547 McHard Rd - Day Care Center FOR SALE


Pearland, TX 77581
$3,450,000 USD
214-934-0577
3547 McHard Rd, Pearland, TX for Sale
$3,450,000 USD
Day Care Center - FOR SALE
1/7
null | 8.51% Cap Rate

3547 McHard Rd
Pearland, TX 77581


OVERVIEW

Long Term Net Lease | 8+ Years on primary term with minimal landlord responsibilities Inflation Hedge | 10% Rent increases every 5 years No State Income Tax State | Texas is a no state income tax state Established Location | TLE has been operating at this location since 2017 with strong occupancy rates Outstanding Demographics | $157,735 average household income in 1-mile radius Dense Population | Over 205,000 residents in a 5-mile radius Strategically Located | Adjacent to Barbara Cockrell Elementary

FOR SALE DETAILS

PRICE

$3,450,000 USD

PRICE/SF

$345 USD /SF

CAP RATE

8.51%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,422 SF

ZONING

0039

APN/PARCEL ID

0076-0021-110

ASK ABOUT THIS PROPERTY

Jackson BrewerSUMMIT REMore Info
214-934-0577

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Jackson BrewerSUMMIT REMore Info
214-934-0577

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