$4,886,924 USD
512-543-7437
929 College St
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 and 300+ locations.
- Forney, a suburb of Dallas-Fort Worth, is located 45 minutes east of Dallas-Fort Worth International Airport (DFW).
- ~15 years remaining on the lease with favorable 2% annual rent escalators.
- The average household income of $95,988, and the population of 179,150 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 South FM 741 in Forney, TX. This deal includes ~15 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
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
71
LAND DETAILS
LAND ACRES
8.85 AC
LAND SF
385,685 SF
ZONING
-
APN/PARCEL ID
23732
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512-543-7437
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512-543-7437
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