6161 Haltom Rd - Day Care Center FOR SALE


Haltom City, TX 76137
$1,348,000 USD
214-560-6900
6161 Haltom Rd, Haltom City, TX for Sale
$1,348,000 USD
Day Care Center - FOR SALE
1/9
null | 6.5% Cap Rate

6161 Haltom Rd
Haltom City, TX 76137


HIGHLIGHTS

  • 2+ Years Remaining | Options To Extend | 260+ Unit Guarantee
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection | Retail Corridor | Haltom High School (2,700+ Students)
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, Childcare Network by Child Development Schools investment property located in Haltom City, Texas. The tenant, Child Development Schools, Inc. has approximately 2 years remaining on their lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features rental increases of the lesser of 10% and 1.25x 5-year CPI at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management-free investment opportunity for an passive investor. The Child Development Schools system is backed by a 260+ unit signature.

FOR SALE DETAILS

PRICE

$1,348,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Childcare Network Child Development Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,541 SF

ZONING

C-3

APN/PARCEL ID

05842506

ASK ABOUT THIS PROPERTY

Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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Michael KaplanSRS Real Estate PartnersMore Info
214-560-6900

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