9773 Tehama Ridge Pkwy - Day Care Center FOR SALE


Fort Worth, TX 76177- North Fort Worth
$7,108,000 USD
619-823-0253
9773 Tehama Ridge Pkwy, Fort Worth, TX for Sale
$7,108,000 USD
Day Care Center - FOR SALE
1/5
null | 6.5% Cap Rate

9773 Tehama Ridge Pkwy
Fort Worth, TX 76177
North Fort Worth


HIGHLIGHTS

  • 16 Years Remaining | NNN Lease
  • 10% increase in year 4 | 10% every 5 years after | Two 5-year options with 10% increases
  • Exceptional operating history: subject property has over 7 years of operating history as a Kiddie Academy
  • Top 10 fastest-growing school districts in Texas
  • 15.5% annual projected growth in a 3-mile radius from 2025-2030
  • Over 300,000 SF of mixed use development within 1-mile of the property

OVERVIEW

The tenant recently exercised an early lease extension, demonstrating long-term commitment to the site, which has now operated successfully for more than seven years. The lease includes 10% rent increases every five years and extends through 2041, ensuring strong, predictable income growth. Situated in the Alliance submarket, one of the fastest-growing areas in the Dallas–Fort Worth MSA, the property benefits from exceptional demographics—over 110,000 residents within three miles and average household incomes exceeding $145,000. This high-income, family-driven market continues to support the childcare sector’s record expansion, making this a premier opportunity to acquire a proven Kiddie Academy asset in a thriving growth corridor.

FOR SALE DETAILS

PRICE

$7,108,000 USD

PRICE/SF

$569 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

-

APN/PARCEL ID

42642050

ASK ABOUT THIS PROPERTY

Russel WehsenerThe Woodmont CompanyMore Info
619-823-0253

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Russel WehsenerThe Woodmont CompanyMore Info
619-823-0253

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