60 Limmer Loop - Day Care Center FOR SALE
Round Rock, TX 78665 |
$7,022,688 USD
512-537-2455
60 Limmer Loop
Round Rock, TX 78665
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States With 30+ Years of Operating History and 300+ Locations
- 12+ Years Remaining on a Triple Net (NNN) Lease With 2.00% Annual Escalators, Providing a Long Term and Passive Investment Opportunity
- Outstanding Demographics, This Property is Located in a High Growth and Affluent Market With 170,556 Residents Making an Avg HH Income of $119,752
- The Immediate Trade Area is Expecting to Experience a 28% Increase in Population Through 2029 Within a 3-Mile Radius of the Property
- Conveniently Located Along Limmer Loop With Close Proximity to Feeder Elementary Schools: Veterans Hill Elementary, Kerley Elementary
- Round Rock, TX (Austin, TX MSA) Has Been Nationally Recognized as Home to Dell's World Headquarters and is Considered a Leader in Economic Development
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,821 SF Cadence Academy Located at 60 Limmer Loop in Round Rock, TX. This Deal Includes 12+ Years Remaining on a Triple Net (NNN) Lease With 2.00% Annual Escalators, Providing a Long Term and Passive Investment Opportunity With a Strong Hedge Against Inflation, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$7,022,688 USD
PRICE/SF
$548 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy - Round Rock, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Storefront Retail/Office, Storefront Retail/Residential, Loft/Creative Space
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
71
LAND DETAILS
LAND ACRES
2.57 AC
LAND SF
111,986 SF
ZONING
F1
APN/PARCEL ID
R021319
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512-537-2455
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512-537-2455
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