9773 Tehama Ridge Pky - Day Care Center FOR SALE


Fort Worth, TX 76177- North Fort Worth
$6,844,000 USD
619-823-0253
9773 Tehama Ridge Pky, Fort Worth, TX for Sale
$6,844,000 USD
Day Care Center - FOR SALE
1/9
null | 6.75% Cap Rate

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


HIGHLIGHTS

  • Over 15 Years Remaining | Options To Extend | Scheduled Rental Increases
  • NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Interstate 35W (153,600 VPD) | Several Nearby Schools | Dense Retail Corridor
  • Strong Demographics In The Immediate Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, Kiddie Academy investment property located in Fort Worth, Texas. The tenant, Kiddie Academy, has over 15 years of initial term remaining with 2 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases in years 5, 10, and 15 of the initial term and in each option period, steadily growing NOI and hedging against inflation. The lease is NNN with minimal landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor.

FOR SALE DETAILS

PRICE

$6,844,000 USD

PRICE/SF

$548 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kiddie Academy | NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,321 SF

ZONING

E

APN/PARCEL ID

42642050

ASK ABOUT THIS PROPERTY

Russel WehsenerSRS Real Estate PartnersMore Info
619-823-0253

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Russel WehsenerSRS Real Estate PartnersMore Info
619-823-0253

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