$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 & More Than 300 Locations
- Forney, a Suburb of Dallas-Forth Worth, is Located 45 Minutes East of Dallas Fort Worth International Airport (DFW)
- 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
- Average Household Income of $95,988 and a 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 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators, 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
$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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