929 College ave
Forney, TX 75126
Forney/Combine
HIGHLIGHTS
- Cadence Education is one of the largest private childcare providers in the United States, with 30+ years of operating history & more than 300 location
- Forney, a suburb of Dallas-Fort Worth, is located 45 minutes east of Dallas-Fort Worth International Airport (DFW).
- 14 years remaining on the lease with favorable 2% annual rent escalators.
- The average household income is $98,604, and the population is 337,471 residents within a 10-mile radius.
- 11 feeder elementary schools within a 5-mile radius.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 14,924 SF Cadence Academy located at 929 College Avenue in Forney, TX. This deal has 14 years remaining on the lease with favorable 2% annual rent escalators, ensuring a stable and reliable investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$4,886,924 USD
PRICE/SF
$327 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy - Forney, TX
PROPERTY TYPE
Office
ADD'L SUBTYPES
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
-
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.8 AC
LAND SF
165,528 SF
ZONING
-
APN/PARCEL ID
23732
ASK ABOUT THIS PROPERTY
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512-543-7437
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