$5,840,157 USD
843-310-3441
HIGHLIGHTS
- Sale-leaseback backed by a three-unit Kids 'R' Kids Franchisee with significant franchise operating experience
- Consistent unit-level EBITDAR growth.
- Located in the high-growth Houston Sugarland submarket with 15% to 20% projected population increases over the next five years.
- This deal’s real estate fundamentals are in line with the Houston education net lease market.
- Ideally positioned to benefit from sustained demand in Houston, the nation’s second-fastest-growing large city.
- Recent CAPEX was completed across at this location.
OVERVIEW
Sands Investment Group is pleased to exclusively present for sale the 13,858 SF Kids ‘R’ Kids facility located at 8202 Homeward Way in Sugar Land, Texas. This offering features a long-term 15-year Absolute Triple Net (NNN) lease with 2% annual rent escalations and four, five-year renewal options, providing a stable and unique investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$5,840,157 USD
PRICE/SF
$384 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Kids 'R' Kids (Homeward Way) - Sugarland, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
3.91 AC
LAND SF
170,320 SF
ZONING
S
APN/PARCEL ID
0016-00-000-0206-907
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843-310-3441
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843-310-3441
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