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1250 Crabb River Road
Sugar Land, TX 77479 Greatwood

$5,759,243 USD

Freestanding For Sale  •  13,666 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 13,666 SF
  • Lot Size 2.17 AC
  • Building Class C
  • Year Built 2001
  • Cap Rate 7.00 %
  • Tenancy Single
40 Walk Score

Highlights

Sale-leaseback backed by a three-unit Kids ‘R’ Kids Franchisee with significant franchise operating experience.
Consistent unit-level EBITDAR growth.
Located in the high-growth Houston Richmond submarket with 15% to 20% projected population increases over the next five years.
This deal’s real estate fundamentals are in line with the Houston education net lease market. Ideally positioned to benefit from sustained demand.
Recent CAPEX was completed at this location.
Long-term 15-year Absolute Triple Net (NNN) Leases with 2% annual escalations and four, 5-year renewal options.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Kids 'R' Kids 100 SF

Amenities

  • Fenced Lot
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
William P Hobby 46 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 44
Type: Surface
Included in Rent: Yes
Ryan Sompayrac 843-310-3441 Sands Investment Group
Ryan Sompayrac 843-310-3441 Sands Investment Group