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12300 Queenston Blvd
Houston, TX 77095 Bear Creek/Copperfield

$6,170,286 USD

Daycare Center For Sale  •  19,366 SF

Property Details

• Property Type Daycare Center
• Total Building Size 19,366 SF
• Lot Size 2.1 AC
• Building Class B
• Year Built 2003
• Cap Rate 6.50 %
• Tenancy Single

0 Transit Score

52 Walk Score

Highlights

Cadence Education is one of the largest private childcare providers in the U.S., with 30+ years of operating history and more than 300 locations.

Houston is the largest city in the state of Texas and the fourth-largest in the United States.

The center is located in a high-traffic area off US Hwy 290 and 30 miles from George Bush Intercontinental Airport (IAH).

~15 years remaining on the lease with favorable 2% annual rent escalators.

Average household income of $143,412 and a population of 262,290 residents within a 5-mile radius.

Texas is an income tax–free state.

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cadence Academy	19,366 SF	9/30/2040

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
George Bush Intcntl/Houston	38 min	-	25.6 mi
William P Hobby	57 min	-	38.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	28
Type:	Surface
Included in Rent:	Yes